Marijuana legalization continues to spread. It’s already legal for adults in nine states (including California, the nation’s most populous), and medical marijuana is legal in 30. Canada goes legal next Wednesday, and we could see two more medical marijuana states, Utah and Missouri, and two more legalization states, Michigan and North Dakota, on Election Day. And New Jersey is on the path to legalizing it via this legislature by year’s end—if all goes well.
The biggest impact of marijuana legalization has to be in the criminal justice system, where hundreds of thousands of people who would have been arrested for pot possession were not arrested, and will not be arrested. But marijuana is also now a big legal business, with recent research reports estimating the industry will reach the $20 billion mark by 2025.