Alcohol Sales Fall Following Cannabis Legalization
Sales of alcoholic beverages decline following the enactment of medical marijuana access laws, according to a working paper authored by a team of researchers from the University of Connecticut and Georgia State University.
Authors evaluated the relationship between medical marijuana laws and retail alcohol sales for more than 2,000 US counties for the years 2006 to 2015. Alcohol sales trends in medical cannabis states were compared to sales trends in states where cannabis remained illegal. Researchers determined that counties located in medical cannabis states, on average,....
New US recreational marijuana markets one year later part 1
The recreational marijuana industry had a big year in 2016, when voters in four states California, Maine, Massachusetts and Nevada approved sales of adult-use cannabis.
But one year later, what the voters approved and the reality of whats happening look vastly different.
As has happened throughout the industrys development, each state has written its own rules and regulations to begin rec sales.
Some states, such as Nevada, have given preference to existing medical marijuana businesses to kick off early sales.
Others, like Maine, have failed to pass an implementation ....
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