By Leland Radovanovic.
If 2020 has had any silver lining, the cannabis industry is one of the few local industries thriving after receiving “essential business” status in many states. It shows no signs of slowing down. Marijuana Business Daily reported that retail sales were up 40 percent compared to 2019. Legalization also pressed forward, and this year alone, Arizona and Montana voted to legalize recreational cannabis. South Dakota became the first state to legalize medicinal and recreational cannabis during the same election. In early December, The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) passed the U.S. House of Representatives. Marijuana Business Daily reported that U.S. cannabis retail sales were up 40 percent compared to 2019