Talking about the high growing industries, there is actually very little, if something, that can actually top the very popular marijuana industry. In a span of 21 years, almost the entire country has gone on to legalize access to the so-called medical cannabis, and in the past 5 years, 8 states have actually legalized the use of recreational pot.
This massive expansion has basically led to the dollar figures getting thrown around. The sale of the legal weed actually summed up to nearly $1.30 billion in Colorado. This goes on to represent a huge 30% jump from $996 million that was reported in the year 2015. The sales of recreational marijuana summed up to $875 million with the medical marijuana summing up to nearly half of what was actually sold on recreational side of this equation in the year 2016. This thereby led Colorado to get close to $200 millions just in tax and licensing.
The Situation in Nebraska
At the moment, with the elections still far away, any possibilities for the passage of medical marijuana legalization is rather likely to be coming from the legislature of the state. Among the other states that may be working out on a marijuana bill through their respective legislature at present, many people may actually be shocked to understand that Nebraska may possibly be the next in the list with the bill for legalizing medical cannabis.
One of the reasons as to why this will be shocking news is because Oklahoma and Nebraska had actually sued Colorado in the year 2015 after the passage of the recreational cannabis law in 2012. The suit had then claimed that this Colorado’s marijuana law would be creating a path for illegal drugs to enter the other states that include Oklahoma and Nebraska. However, the Supreme Court had declined this case.
As per some reports, Nebraska State Judiciary recently had advanced the Legislative Bill 622, which will be legalizing medical marijuana in Nebraska. If this gets approved, then the bill will let medical marijuana to be made available for 20 different ailments; however, it will certainly not let the patients smoke or grow these cannabis plants at their residence. One of the members of the Judiciary went on to state that the pills, liquids or even the inhalations via vaporizers will be the only approved delivery methods according to Legislative Bill 622.
