$tates likely to legalize in 2021...revenue needs The coronavirus pandemic also has drained state tax coffers, and some are looking at recreational cannabis to help offset those losses.
Marijuana Business Daily projects that recreational marijuana markets in New York, Connecticut, Pennsylvania, Maryland and New Mexico could generate more than $2.5 billion in sales combined during the first full year of their programs and up to $6.4 billion annually within four years. (See graphic above.)
Legalization would generate new opportunities for plant-touching businesses such as growers, processors, manufacturers and retailers.
It also would create enormous opportunities for cultivation and processing equipment manufacturers, license-application consultants, attorneys, accountants and other ancillary business providers.
https://mjbizdaily.com/which-states-are-likely-to-legalize-recreational-marijuana-in-2021/