Legal Cannabis Industry Growth
October 13, 2020
November Elections May Add to Increasing U.S. Medical Cannabis Programs
October 19, 2020Legal Cannabis Industry Growth
October 13, 2020November Elections May Add to Increasing U.S. Medical Cannabis Programs
October 19, 2020
- With 34 legalized state (and D.C.) medical markets, total patients in the U.S. eligible for treatments with cannabis have passed 3 million.
- Given the increasing number of legalized states and their generally expanding lists of qualifying medical conditions, that total is projected to exceed 5 million by 2025.
- States with the highest patient saturation rates (i.e., registered patients per total populations) are Oklahoma (8%), New Mexico (5%), Montana (4%), and Arizona (4%), respectively.
- The two states voting on medical-use initiatives next month – Mississippi and South Dakota – could together add 30,000 patients by 2025.
