A May report from the pro-legalization group the Marijuana Policy Project found that since Washington and Colorado became the first states to legalize recreational pot in 2014, states have collected a total of $7.9 billion in tax revenue from recreational sales alone.
The five-state Northeast region, which also includes Massachusetts and Vermont, is expected to generate an estimated $8.7 billion in cannabis-related sales by 2027, according to an analysis by the Marijuana Policy Project, a nonprofit that advocates for cannabis legalization, which used population and sales in Colorado and California as a comparative baseline.
"Maryland is now lagging behind its neighbors in Virginia and D.C. on cannabis policy, and it is long past due that the state move forward with equitable legalization. Marylanders strongly support legalization, so it is encouraging to see the speaker commit to referring legalization to voters next year," said Olivia Naugle, MPP's legislative analyst.
"This year has shown us that state legislatures are capable of rising to the challenge to end cannabis prohibition," said Karen O'Keefe, MPP's director of state policies.
"If that’s the case we want the option of going back to the ballot next year. The reason we filed four different cannabis legalization initiatives is to accommodate different potential rulings from the court. The details of that ruling could dictate the type of initiative we’re able to move forward with," said Matthew Schweich, MPP's deputy director.
"I am heartened by the Booker, Schumer, Wyden bill draft, which is a promising first step towards Senate passage, and hopeful that it will lead to negotiations and bipartisan support for an inclusive and equitable legal cannabis industry," said Steve Hawkins, MPP's executive director.
"As the nation’s leading organization fighting to legalize cannabis, MPP plans to add its insight, culled from years of advocacy, to the discussion to help shape a national framework that transforms the country’s criminal justice system, mitigates the harms wrought on communities most impacted by prohibition, and provides social and economic equity and opportunity for all," said Steve Hawkins, MPP's executive director.
"For justice reform, for equity, for individual liberty, and countless other reasons, it is time to respect the will of the American people and legalize cannabis," said Steve Hawkins, MPP's executive director.