In the November elections, five states voted to pass cannabis reform, bringing the tally of states with recreational marijuana to 15. Thirty-six states now have medical cannabis programs — meaning that a majority of Americans now have some form of access to marijuana, whether medically or recreationally.
A Democratic Senate, House, and White House is also the best possible outcome for the cannabis industry. Though cannabis reform is expected to continue mostly on the state level, a slew of cannabis-related bills in Congress have prompted cannabis companies and investors alike to eye the changing landscape as an opportunity.
On top of that, more states like New York, Connecticut, and Pennsylvania are looking to legalize marijuana.
If you’re looking to invest, or just understand what all these changes mean for the economy and beyond, tune in to Insider’s exclusive webinar on April 29th at 1 PM EST.
We’ll be chatting with investors Emily Paxhia and Mitch Baruchowitz, both long-time players in the cannabis industry.
Paxhia is the co-founder and managing partner of Poseidon Asset Management, and Baruchowitz, managing partner at Merida Capital Holdings. Both firms landed top spots in Insider’s list of top investors in the cannabis space in 2020.
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