Throughout the country, cannabis regulations are changing every day. Some areas are experiencing more dramatic legislative upgrades than others, but every little step forward still counts. At the moment, there are 5 states that come to mind because, one, they are making big moves, or two, they are conservative states that most people were expecting would hold on to prohibition for much longer.
This week we’re focusing on the East Coast and Deep South, with updates from Connecticut, Tennessee, Louisiana, Mississippi, and Alabama
Connecticut Governor Ned Lamont (D), along with other state lawmakers, just reached a compromise on an adult-use cannabis bill that will likely be implemented in late spring of 2022. The bill would finally lay the groundwork for retail sales to launch in the state. According to estimates from MJBizDaily, the Connecticut recreational market could exceed $250 million in sales in just the first year, and reach a total of roughly $725 million…