420 with CNW — Young Adults, Women Are Driving Marijuana Use Increase

New federal data shows that users of marijuana may soon be a majority among young adults in cannabis-friendly states across the country. In states such as Oregon and Colorado, cannabis patrons are nearing majorities, given that these particular states have had legal markets for years now.

Data from Vermont also shows that young marijuana users outnumber nonusers. The state fully legalized the recreational use of cannabis earlier this month.

Federal data also shows that more than two-fifths of young women and men across the country now use marijuana at least occasionally. This is significantly different from the trend observed 10 years ago and can mainly be attributed to the wave of legalization observed in the country this past decade.

An increase in the number of young women using cannabis has also helped close a gender gap in the plant’s use, which further influenced this trend.

However, the use of cannabis hasn’t yet reached its ‘70s peak of 36%. Currently, the drug’s use among young people stands at 29%. In the adult population, however, the use of cannabis may be at an all-time high. This may be difficult to interpret accurately because federal marijuana research has largely focused on young people in the past.

Results from a recent Gallup poll show that in 2021 the proportion of adults who revealed that they had tried cannabis in their lifetimes hit 49%. This is the highest figure measured in more than five decades. Gallup’s director of U.S. social research, Lydia Saad, stated that this figure would exceed 50% in the near future.

When Gallup first asked this question in 1969, only 4% of grownups admitted to having used marijuana before.

This news comes after President Joseph Biden earlier this month pardoned all individuals convicted of simple cannabis possession under federal law.

At the moment, 19 states have legalized the recreational use of marijuana while 37 states and the District of Columbia have legalized its medical use. It is expected that five more states will join the recreational cannabis movement after the midterms.

Legalizing the recreational use of cannabis may transform the marijuana culture in Arkansas, South Dakota and North Dakota, where only 10% or so of adults use the drug currently.

The marijuana legalization movement has almost completely erased decades of stigma against the use of the drug. If all five proposals are approved, legalization will be the law for about 49% of the American population. This possibility may boost the prospects of entities such as Advanced Container Technologies Inc. (OTC: ACTX), which supplies indoor-cultivation equipment.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

About CNW420

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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