Pennsylvania’s medical cannabis marketplace became operational in February 2018. Since then, the state’s enrollment and access have grown at a substantial rate.
Data provided in the Pennsylvania Department of Health’s first-year report revealed that 116,000 Pennsylvanians registered in the inaugural year. The number was reached as the state significantly expanded the qualifying conditions for medical marijuana.
Pennsylvania was the first state to approve autism as a qualifying condition.
In that time, 600,000 sales were processed that totaled $132 million. Tax revenue from growers and processors totaled $2 million.
The success of the market also resulted in the creation of 4,000 jobs, according to Leafly.
Bridget Hill-Zayat, an attorney at Hoban Law, said the state could be in a prime position to benefit from legalization.
“Pennsylvania is in a perfect position to eat New Jersey and Maryland’s lunch,” she said.
“With adult-use stymied in both states, Pennsylvania could get a head start, collecting significant sales and excise tax for months and maybe years.”
Read the full article on benzinga.com.