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Catapult | Dorohedoro Helped Me Through—and Reconsider—Isolation in

Catapult | Dorohedoro Helped Me Through—and Reconsider—Isolation in
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Study: Legal cannabis boosts home values

(The Center Square) – Home values got a boost in states that allow recreational cannabis use. A new report from Clever Real Estate found states that had legalized recreational cannabis saw home prices increase at higher rates than states that didn’t. “Between April 2017 and April 2021, property values rose $17,113 more in states where recreational marijuana is legal, compared to states where marijuana is illegal or limited to medicinal use,” according to the report. Thirty-six states and Washington D.C. have legalized cannabis for recreational use or medicinal use. “In the past four years, Illinois homeowners saw property values rise by an average value of $18,000,” said Michelle Delgado, a researcher with Clever. “Legalized marijuana also brought in $52.7 million in new tax revenue.”

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