Advocates for legal marijuana in Illinois may want to look to Massachusetts this fall. Or, as one cannabis industry insider said, they may want to look to Massachusetts neighbors in about a year.
Nick Kovascevich, CEO at the cannabis investing service Kush Bottles, said that if marijuana supporters in Illinois want to know when this state will legalize it, they need to look to Massachusetts in November, then to the states neighbors about a year after that.
If Massachusetts approves legal marijuana, youll have a small state surrounded by large populous states. Now youll have all of them flooding into Massachusetts to buy cannabis legally, Kovascevich said. But the only state that will benefit from that is Massachusetts.
Kovascevich said you can look at how states have approached casinos. It was only when residents started going to casinos in neighboring states that lawmakers embraced gambling.
States will start to say, Hey, were missing the boat here. We need to legalize and get adult use of cannabis in our state so we can keep some of those tax dollars for our citizens,’ Kovascevich said.
Kovascevich said Illinois is on its way to legal marijuana. The state has a growing medical marijuana program and just decriminalized small amounts of pot.
News Moderator: Katelyn Baker
Full Article: Marijuana Industry Exec – Illinois On A Familiar Path To Legalization
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