Will the Cannabis Boom Expand to These States After the Midterms?



Today, voters in four states will vote on ballots with medicinal and recreational cannabis initiatives. Both North Dakota and Michigan has legislation on ballots that could pass cannabis recreationally, while Utah and Missouri could pass cannabis for medical use.

"These are the four states that will vote on 6 November. If they pass in Michigan and North Dakota, 1 in 4 Americans will have legal access to weed. Meanwhile, if Utah and Missouri pass their ballots, medical marijuana will accessible in over 50% of all states," writes "The Guardian."

All legislation on cannabis legalization being voted on today are expected to pass.

So far, there are nine states where cannabis is legal and then 22 states where cannabis can be prescribed to patients for medical conditions.

In 1996, California was the first state to legalize medical marijuana. In 2012, Colorado and Washington pass legislation that made cannabis legal recreationally. Cannabis became legal in Alaska, Oregon, and D.C. in 2014.

Then in 2016, state marijuana legalization laws passed in California, Maine, Massachusetts, Nevada, and Vermont.

These legislations have ignited a cannabis dining movement. Fine dining chefs in California cities like Los Angeles and San Francisco are now incorporating cannabis into their menus. California's wine country is also gearing up to embrace cannabis wine infusions.

There are even a few shows like Cooking on High and Bong Appetite, both focused on cannabis-infused cuisine.

The cannabis market is expected to hit $4.1 billion by 2022 in both Canada and the U.S. according to a recent report by Arcview Market Research. This significant growth is partially attributed to Canada rolling out legalized cannabis last month.

Read more about America’s marijuana industry at “The Guardian.”

With more states legalizing marijuana, the cannabis boom is bound to spread in the U.S. But in areas where marijuana isn't legal recreationally, CBD-infused treats and beverages instead are being sold. Learn how CBD is making an impact in the foodservice industry on this recent episode of The Barron Report below.