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Teen cannabis use falls as more states legalize 📉

Plus, New York sells $1 billion of weed

And we’re back! 

We hope you all had a wonderful vacation and got to start the new year with some time off with friends and family.

We also hope you missed us in your inbox everyday, so let’s get to it. 

-JB & JR

This newsletter is 517 words or about a 5-minute read. 

💡 What’s the big deal?

TEENS
Teens are using less cannabis — and drugs in general


Driving the news: Anti-cannabis advocacy groups say that when cannabis is legalized, more teens will choose to use the drug which could impact their brains. 

The evidence tells a completely different story, however.

Cannabis use among teenagers hit the lowest levels recorded in three decades, despite more states choosing to legalize. 

By the numbers: Twenty-six percent of 12th graders and 16% of 10th graders reported using cannabis in the last year, per the federally funded Monitoring The Future study. 

That’s compared to 42% of 12th graders reporting alcohol consumption — down from 75% in 1997, and 26% of 10th graders.

So what? While substance use is down across the board for young people, the decrease in teen cannabis use is a sign that legalization and regulation work to take cannabis out of kids’ hands. 

On the other hand: More adults are using cannabis daily than drinking, as we’ve reported. Regardless of your feelings on that stat — it’s a massive business opportunity for many of our readers. 

-JB

📣 Quotable

“I'm not a fan. I mean, I know we have people that — on our side that are for it, but I'm not,” Senate Majority Leader John Thune told AskAPol when asked about the SAFER Banking Act, a cannabis banking bill.

Despite incoming President Donald Trump’s support for limited cannabis reform, it doesn’t appear his party’s majority leader is on board. It may be a tough path for the bill to pass the Republican-controlled chamber. 

Quick hits

New York sells $1 billion worth of weed in 2024 🌿

New York cannabis retailers sold $1 billion worth of cannabis last year, the state’s Office of Cannabis Management said in its year-end report. “Today, we recognize the $1 billion milestone as more than just a number—it’s a testament to the hard work of those who helped build the strongest cannabis industry in the nation,” Gov. Kathy Hochul said.

🏃‍♂️ People moves

The recently sworn in Congress has new chairs of the Congressional Cannabis Caucus: Outgoing chairs Reps. Earl Blumenauer (D-OR) and Barbara Lee (D-CA) will hand over the reins to Reps. Dina Titus (D-NV) and Ilhan Omar (D-MN), Marijuana Moment reports.

📰 What we’re reading

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