Cannabis Market in America

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Cannabis Market in America by Mind Map: Cannabis Market in America

1. Cannabis was initially made illegal in 1937 in a defamation campaign against Hispanic migrants.

1.1. According to the ACLU, between 2001 and 2010, there were over 8 million arrests for possession of marijuana. Marijuana Arrests by the Numbers

1.2. Cannabis was also used by President Nixon to disrupt the hippie and black movements of the '70's. A Brief History of the Drug War

2. Starting in 2012, Colorado followed by Washington legalized recreational cannabis.

2.1. It has been estimated that Colorado is making roughly $200 Million in tax revenue. Colorado cracks a billion in annual marijuana sales in record time, generating $200M in tax revenue

2.2. The number of marijuana related arrests has significantly dropped since legalization. https://cdpsdocs.state.co.us/ors/docs/reports/2018-SB-13-283_report.pdf

3. Medical cannabis first became legal in California in 1996. It has since grown to

3.1. The industry is regulated by state laws and medical professionals.

3.2. The products being produced is held to a high degree of quality in order to meet medical standards.