Perception has arguably been one of marijuana’s biggest foes. Ever since it was prohibited decades ago, there has been a negative perception to it. Federally, cannabis is still classified as a controlled substance, and that has also shaped its image in the eyes of the public. However, in the recent years, the plant has become more accepted, culminating in a number of states launching medical and recreational cannabis programs to great success.
A recent poll by YouGov found that a large majority of the American public believes that recreational cannabis legalization has been a success. YouGov surveyed more than 27,000 adults, asking them whether they thought the recreational cannabis legalization laws had been ‘a success or failure.’
55% of the people polled said that regulated recreational marijuana markets were a complete success or more of a success than a failure. 13% thought the regulated markets were more of a failure than success, while just 6% said they were total failures. 26% of the respondents said they didn’t know.
The respondents’ views were also shaped by their political beliefs. 67% of the Democrats said that marijuana legalization had been successful or mostly successful, while 10% believed the legalization programs were failures. 41% of the Republicans said they thought the regulated markets were a success, compared to the 34% who believed they were a failure.
54% of the independents believed legalization was a success, while 27% said it was a failure.
Based on age, 23% of the respondents who were 18-24 years old, said they thought marijuana legalization laws were a success. 24% of those 25-34, 17% of those 45-54 and 13% of those 50 plus were also of the same opinion. In general, at least 32% of each age group believed legalization measures had been a success, compared to the 8% who didn’t.
The 55 and older group took the lead in age groups that didn’t believe marijuana legalization was successful, with 17% of them saying the laws were more of a failure than a success. They were joined by 12% of the 18-24 year olds, 10% of the 25-34 year olds, 9% of the 35-44 year olds and 12% of those 45-54 years old.
Based on gender, the poll found that 22% of men and 17% of women thought marijuana legalization was a success, while 35% of both men and women said they were more of a success than a failure. On the other hand, 15% of men and 12% of women said the legalization measures were a failure.
Analysts believe these poll findings will provide some fodder for marijuana companies like The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) as they plan how to appeal to those different demographics.
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