2022 Cannabis Legalization Outlook by the Experts

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2022 Cannabis Legalization Outlook

Source: mjbizdaily.com

We love seeing how the cannabis industry is changing. 2021 was a huge year: New York, New Jersey, New Mexico, Connecticut, and Virginia all legalized recreational cannabis consumption and the fully-legal states make up for ½ of the entire US population. In comparison to just 10 years ago, this is a huge, exciting change!

Unfortunately, the 2022 Cannabis Legalization outlook may not be as bright as 2021. We’re breaking down the various interpretations and expectations for 2022 in this article, read on to find out what the experts are saying.

Federal changes-2022 Cannabis Legalization Outlook

2022 Cannabis Legalization OutlookSource: mjbizdaily.com

State-by-State Legalization Likelihood-2022 Cannabis Legalization Outlook

  • Delaware: State representatives have sponsored legalization at the end of 2021, which includes at 15% excise tax on sales, but it may be over a year before recreational use is passed into law.
  • Hawai’i: Legalization bills stalled in 2021 and will likely be picked up again in 2022. However, the outlook for legalization is foggy—there seems to be interest yet decisions are being made slowly.
  • Kansas: Lawmakers in cannabis are pushing for a public vote on medical marijuana legalization in 2022, however the attempt has been called a “bold move.”
  • Maryland: HB 837 has been put forward for a vote by Maryland citizens in the November 2022 ballot. Fingers crossed!
  • Minnesota: The Minnesota House of Representatives voted to legalize cannabis in 2021, but the senate failed to act on the companion bill. However, new legislators who approve of legalization will be running in the next election cycle, including for governor.
  • Mississippi: Mississippi is set to be the 37thstate to legalize medical marijuana however recreational cannabis still has not made it into consideration.
  • New Hampshire: The House of Representatives passed a bill allowing possession of cannabis and to grow plants but does not allow commerce, so don’t expect dispensaries, yet.
  • North Carolina: In August 2021, SB 711 was approved as a part of providing medical marijuana to terminally ill patients, however the path to legalization has been largely ignored.
  • Ohio: Ohio lawmakers are currently considering three proposals to legalize marijuana with support for the bill from tens of thousands of Ohio residents. Yet, the debate is contentious and any legalization is very uncertain at the moment.
  • Pennsylvania: House Bill 2050 is currently being debated by the senate, with major concerns for safety, but vocal political leaders have been supporting the legalization.
  • Rhode Island: After months of negotiation, Rhode Island’s lawmakers announced that they expect to legalize marijuana in 2022.
  • South Carolina: On Feb 10, 2022, the Senate passed a medical marijuana bill, which is now on to a House vote.

U.S. Support for Cannabis Legalization (2010-2019)

Source: New Frontier Data Cannabis Consumer Evolution Report, 2021

U.S. Adult Cannabis Consumption Rates (2002-2019)

Source: New Frontier Data Cannabis Consumer Evolution Report, 2021

Overall Cannabis Legalization Outlook

Cannabis legalization is widely supported across the United States and, as time goes on, it seems that legislators who do not support legalization are being marginalized as legalization becomes a more important political talking point.

We can only hope that this trend continues, but by the looks of things, 2022 may not be the milestone year that 2021 was. That said, federal attention towards opening the banking industry is an extremely important change for cannabis growers and consumers as well as state law. Our fingers are crossed for better cannabis policies!

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A special thank you to mjbizdaily.com, New Frontier Data, marijuanamoment.net, and the Marijuana Policy Project (mpp.org) for their excellent research and data.

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