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These 3 States Will Begin Selling Recreational Pot Fairly Soon

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Pardon the cliche, but the marijuana industry is budding before our eyes. Even though cannabis sales have existed behind the scenes for decades, we're beginning to see the impact of how big a legalized marijuana industry could be. Last year, legal global sales sprouted to $10.9 billion, which more than tripled worldwide legal weed revenue from 2014. Looking ahead, sales could quadruple by the time 2024 rolls around.

Although the entire world is an opportunity for the cannabis industry, it's the United States that happens to be the crown jewel. Despite estimates varying wildly on Wall Street, one constant is that the U.S. will run circles around other countries when it comes to total sales.

To date, 33 U.S. states have given the green light for physicians to prescribe medical marijuana to patients for select ailments. Additionally, 11 states have given the all-clear for recreational consumption, with eight states – Washington, Colorado, Oregon, California, Nevada, Massachusetts, Maine, and Alaska -- currently selling adult-use marijuana in licensed retail dispensaries.

What happened with the other three recreationally legal states, you ask? Well, as you're about to read, sales should begin fairly soon.

Illinois: Sales to commence on Jan. 1, 2020

In late June, Illinois Gov. J.B. Pritzker, a Democrat, put pen to paper and officially signed HB 1438 into law, legalizing recreational weed in the Land of Lincoln, and expunging the criminal records of nearly 800,000 residents with nonviolent crimes who had previously possessed or purchased cannabis. The bill sets up a timeline to commence marijuana sales as of Jan. 1, 2020.

Source: https://420intel.com/articles/2019/09/09/these-3-states-will-begin-selling-recreational-pot-fairly-soon

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