Cannabis Reform Could be a Top Priority in 2021

Cannabis-based products are popping up everywhere these days.

Neiman Marcus, Sephora, Vitamin Shoppe, Kroger, Barney’s DSW, Sephora, CVS, American Eagle, Walgreen’s, Wegman’s are just a few. Couple that with changing consumer attitudes, and the CB boom only gets stronger. “Americans are more likely now than at any point in the past five decades to support the legalization of MJ in the U.S. The 68% of U.S. adults who currently back the measure is not statistically different from last year’s 66%; however, it is nominally Gallup’s highest reading, exceeding the 64% to 66% range seen from 2017 to 2019.”

By 2024, the market is expected to grow to nearly $50 billion.

In addition, Senate Democrats say cannabis reform will be higher priority.

“We are committed to working together to put forward and advance comprehensive cannabis reform legislation that will not only turn the page on this sad chapter in American history, but also undo the devastating consequences of these discriminatory policies,” said Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ), as quoted by Marijuana Moment. “The Senate will make consideration of these reforms a priority.”