What’s Next For Legal Marijuana
Published in Cannabis Daily
Going into 2025, the cannabis industry will have to be more limber.
The election is done and Donald Trump will be returning to the White House and Republicans having greater control in Congress. The election showed the majority of people want recreational in Florida, Nebraska will finally have medical marijuana, and cannabis wasn’t a deciding factor in swinging votes. With the House firmly in Republican hands, Mike Johnson has greater power to battle legal cannabis, but don’t count the industry out yet.
RELATED: Science Says Medical Marijuana Improves Quality Of Life
Photo by CapturedNuance/Getty ImagesWhile the initiative failed to reach the 60% of votes needed in Florida, it garnered an impressive 56% of public support. Showing the population of the sunshine state is for fully legal weed, but could be 4 years until it is available. There are issues are Governor DeSantis use of public assets to combat the issue, so my legal wrangling in Florida.A portion of the industry supported the incoming president, but the biggest industry influence for the upcoming administration will be alcohol and pharmaceutical companies. Alcohol alone is probably one of the biggest investors in the industry with over $13 billion. Wana Brands, which is partial owned by Constellation, launched hemp gummies that can be sold in most states and are as effective as THC gummies. A smart expansion of their products.RELATED: Is GERD Helped By CannabisCannabis is popular with the public with Pew Research saying 88+% of the population supporting legalization in some form. Even the traditional AARP has come around to extoll the medical and wellness benefits of the plant. A clearer pathway will be laid out in December with the DEA rescheduling.
The Fresh Toast is a daily lifestyle platform with a side of cannabis. For more information, visit www.thefreshtoast.com.
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