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The Economics of 420
Since the state of California started the movement of legalizing marijuana for medicinal purposes, many states have also followed suit. So many, in fact, that 1 out of 5 Americans live in a state where it is legal to purchase and smoke weed freely—without a doctor’s note—and it won’t be stopping there.
2 years ago, on the notorious holiday of 4/20/2015, Platinum took a look of the effects legalization of marijuana has had on the US economy, job market, and real estate.
What’s changed from then and now?
What are the obstacles faced with marijuana legalization and real estate?
*Platinum does not promote or offer any opinion on the legalization of marijuana.