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Vermont Next State Likely to Legalize Marijuana
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Vermont is likely the next state to legalize marijuana, based on a 24/7 Wall St. analysis of the industry. New information buttresses the argument.
According to The Next 11 States to Legalize Marijuana:
According to a Rand research study on marijuana legalization, Vermonters consumed between 15 to 25 metric tons of marijuana, worth between $125 million and $225 million, in 2014. More than 19% of state residents 12 years and over reported using marijuana in the past year, the third highest share nationwide. Also, according to the Vermont Department of Health, marijuana consumption is more common among 12- to 17-year-olds in Vermont than in any other state in the nation.
As in every other state likely to legalize pot, possessing less than an ounce or less of the drug is not punishable by incarceration. Possessing more than an ounce, the selling of any amount, or cultivating the plant, however, is considered a misdemeanor. Selling a half ounce or more, or cultivating three or more plants, is a felony.
Pot arrests equaled 148 people per 100,000. Marijuana-related arrests totaled 926 in 2012.
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