More Pot Shops Than McDonald's
In a significant shift over the past decade, a majority of Americans now reside in states where the recreational use of marijuana is legal. This change comes only twelve years after Colorado and Washington led the way in legalizing the plant for recreational purposes.
Pew Research Center's analysis reveals that 54% of the population lives in areas where recreational marijuana use is permitted. Furthermore, the study shows that 74% of Americans live in states where marijuana is legal for either recreational or medical purposes, with California being the pioneer in medical marijuana legalization in 1996.
The report unveils a striking statistic: the U.S. is home to nearly 15,000 cannabis dispensaries, outnumbering the approximately 13,500 McDonald's(NYSE: MCD) scattered across the country in 2023, highlighting a significant shift in ...