Connecticut just became the 19th U.S. state to legalize recreational cannabis. While it’s not exactly a game-changer for the U.S. cannabis industry, Connecticut has a shot at growing into a $1 billion cannabis market within the next five years.
The U.S. economy continues to recover from the COVID lockdown – and nowhere is this more apparent than in Las Vegas. Las Vegas has recently experienced a big uptick in visitors as consumers gain more confidence and emergency orders lift.
The Las Vegas economy should continue to recover in the coming weeks and months. Casinos are now operating at 100% capacity, and that should drive millions of new tourists into Sin City in the second half of the year.
The Las Vegas recovery is a big win for one of the largest cannabis companies in the U.S.
The U.S. cannabis industry has a powerful new ally – one of the largest and most influential tech companies ever. Not only does this tech goliath support federal cannabis legalization, but it will also invest millions lobbying Congress to make it happen.