420 with CNW — Poll Reveals More Americans Prefer Marijuana Consumption to Alcohol

According to a YouGov survey, many Americans prefer that people switch their consumption preference from alcohol to marijuana. The survey was conducted in February 20200, and it relied on responses from 10,412 Americans.

According to the poll, 27% of the respondents agreed with the idea of people substituting marijuana for alcohol while 20% disagreed. Meanwhile, the majority — some 38% — replied that it was neither good nor bad while the remaining 15% were unsure.

Several studies have been done in the past to compare the pros and cons of marijuana to those of alcohol. Proponents have indicated the long-term negative impact that alcohol has on health, which includes death from alcohol poisoning. According to the Centers for Disease Control and Prevention (“CDC”), despite alcohol being legal in all states it is responsible for 88,000 deaths.

In comparison to marijuana; the Drug Enforcement Agency (“DEA”) has not recorded death related to the drug’s overdose. Generally, marijuana has lesser risks associated with it, and the plant’s constituents have been found to have a positive impact on improving certain health conditions.

The demographic analysis of the survey indicated that Democrats were less hesitant to switch from alcohol to marijuana. An estimated 34% of respondents said that the switch was good compared to 18% of Republicans and Independents accounting for 27%. It was also found that individuals who were between 30 and 34 were most likely to agree with the substitution; 17% of those above 65 shared the same sentiments.

There is a change in mindset as the public becomes more comfortable with the recreational use of marijuana. According to Mikayla Bell, the community outreach manager at NETA, which is Massachusetts’ biggest marijuana retailer, people are turning to marijuana for relief. She added that the substances do not have the calories and hangover associated with alcohol.

In addition to the shift in mindset, states where marijuana is legal for adult use are experiencing a trend of booming sales and tax revenue. According to available data, Massachusetts recorded that it had collected more tax revenue from marijuana than alcohol at the halfway point of the financial year. It collected $51.3 million from alcohol and $74.2 million from marijuana.

Meanwhile, marijuana sales in Illinois totaled more than $1.9 billion since the state legalized the drug in January 2020. The tax revenue collected by the state last year on marijuana was $100 million more than that of alcohol.

Also, a 2019 study by the University of Oregon found that alcohol-related accidents reduced once the adjacent Washington state legalized marijuana.

As more Americans wake up to the benefits that legally sourced marijuana has over other substances such as alcohol, sector firms such as American Cannabis Partners will have a bigger client base to serve as the years go by.

NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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