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Marijuana legalization is about to have a huge year

At least 18 states stand to loosen their marijuana laws this year.

It looks like 2020 could be a very big year for marijuana legalization.

The year began with a bang when Illinois started recreational marijuana sales, after the state became the 10th in the country and the second in the Midwest to legalize marijuana.

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Cannabis Industry: 2020 Predictions

Cannabis sales have increased substantially in the last few years, but so has the competition with more growers, retailers and other entrepreneurs vying for a stake in the “green rush.” At the same time, an oversupply of marijuana and the cost of operating in this highly regulated industry are taking their toll.

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Medical Research — Medical Marijuana 2020

The U.S. Food & Drug Administration (FDA) has approved four medications made from synthetic or real plant marijuana extract. Such approval is indicative of the FDA’s confirmation that marijuana has medicinal benefits as evidenced by rigorous clinical trials.

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