Georgia’s Jan. 5 election results, which flipped the Senate to Democratic control, have lit a fire under the cannabis industry. The market for legal U.S. product was already forecast to more than double, to $41.5 billion, by 2025, according to New Frontier Data. Now it’s expected to do even better, with more states legalizing on a faster timeline, and full national decriminalization a distinct possibility.
Source: Stock Market: Investors High on Cannabis (Stocks) With Democrats in Control – Bloomberg
