If you’ve been around the cannabis industry long enough, you’ve likely heard the saying that the cannabis industry ages in dog years. This is to say that one year in cannabis feels like seven (or more) in any other industry, due to the constant change and normalization of a newly legal industry.
The cannabis landscape across the U.S. has changed dramatically over the past 10 years since Washington and Colorado first legalized adult-use cannabis in 2012. More states have legalized both adult-use (21 states) and medical cannabis (39), creating a new, multibillion-dollar industry in just a few short years.
But with so much change in cannabis across varying state markets, it can often be hard to keep track of what is happening when and where. Below is a roadmap explaining where we’ve been and what’s ahead for the cannabis industry, as well as key dates and information to keep in mind in the New Year.