Tag: marijuana legalization

Insurance Study Ties Legal Pot to Boost in Car Crash Claims

Anne Fred

A legal insurance research group has published a study claiming that in the years after recreational marijuana was legalized, car insurance claims went up. In Colorado, Washington and Oregon, claims went up an average of 2.7% in the years following legalization, as compared to surrounding states with no legalized marijuana. Researchers accounted for factors such as the number of vehicles on the road in the study and control states, age and gender of drivers, weather and even if the driver making a claim was employed or not. Neighboring states were…

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Edibles Are the Next Big Thing for Pot Entrepreneurs

Anne Fred

Total sales of marijuana in the US are estimated to be worth $50 billion when black market sales are taken into account. Marijuana is a lucrative business. An acre of marijuana is estimated to be worth in the region of $1 million. The next profitable crop is wine grapes, coming in at $200,000. Many farmers are making the switch from traditional plants to cannabis, and with good reason. With both recreational and medical marijuana set to become a reality in many more states, there are huge profits to be made.…

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The Surprising Effect of Marijuana Legalization on College Students

Anne Fred

Marijuana Legalization With marijuana legalization on the rise, the demand for marijuana and marijuana related products is set to increase. Researchers estimate that the current marijuana market is in the region of $50 Billion, with the majority of this figure taken up by black market sales. The legalization of marijuana will no doubt shift most if not all of the black market sales over to legitimate industries. The benefits of marijuana are well backed up by scientific literature, and marijuana can help with the treatment of conditions including arthritis, insomnia,…

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How American Marijuana Legalization Is Changing the Canadian Border

Anne Fred

Recreational marijuana is now legal in 8 US states, and medical marijuana is legal in 29. However, it is still illegal to transport marijuana across state borders. This is the case even when two adjacent states have both legalized marijuana. To carry marijuana across state borders is a violation of federal law, whether it is carried in person or via the Post. The Canada-American Marijuana Problem But to make matters worse, the problem extends across state boundaries all the way to Canada. There have been past cases where Canadian residents…

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As Trump Wages War on Marijuana Veterans Side with Pot

Anne Fred

Marijuana is still illegal at the federal level, though it has been adopted by 29 states with various rules and requirements for its medicinal use. Recreational marijuana is legal in just 8 states. However, this number is sure to rise as more legislation is passed. The types of illness that marijuana is renowned for are the ones that veterans happen to be suffering from, mainly Post Traumatic Stress Disorder(PTSD), insomnia, anxiety and depression. Veterans are obviously in support of the amendment, as are the public at large. Trumps War on…

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