Skip to main content

Cannabis Watch: The No. 1 Reason Adults Support Legalizing Marijuana (it’s Not To Get High)

The vast majority of people who support marijuana legalization aren’t looking to just get high, a new poll finds.

In fact, 86% of supporters cite the drug’s benefits to those who use it medicinally as a “very important” reason they favor legalization, according to a Gallup poll of more than 1,000 U.S. adults conducted between May 15 and May 30.

There is evidence that cannabis and/or cannabinoids can help with conditions like pain, multiple sclerosis-related muscle spasms and chemotherapy-related nausea, according to a 2017 research review by the National Academies of Science, Engineering and Medicine.

Other reasons respondents deemed “very important” included freeing up law enforcement to focus on other types of crime (70%), marijuana use being a matter of personal choice and freedom (60%), providing a tax-revenue source for state and local governments (56%), increased safety for marijuana users due to government regulation (47%), and the belief that marijuana isn’t harmful to users (35%).

Sixty-four percent of respondents thought marijuana ought to be legalized, 34% said it should be illegal and 2% had no opinion. As for why opponents didn’t want marijuana legalized, nearly eight in 10 said the potential increase in marijuana-involved car accidents was a “very important” reason for their disapproval. Additional top reasons included the notion that marijuana was a gateway to stronger and more addictive drugs (69%) and the possibility that more people would use marijuana (62%).

See also: More baby boomers use medical marijuana, but they want their doctors to get wise to the risks and benefits

Gallup’s main finding tracks with a recent survey by market-research firm Nielsen, which found that one in three U.S. adults aged 21 and up were interested in using legalized cannabis, and those who said they’d consume the drug if it were legalized were most likely to cite pain treatment and other wellness-related reasons.

Top reasons cited for potential cannabis consumption included treatment of chronic pain (85%), mental-health improvement (82%), treatment of minor injuries (81%), sleep aid (77%) and relaxation (74%).

Additional sources of interest in consuming cannabis included treatment of a non-pain medical condition (63%), disease or ailment prevention (60%), improvement of physical health (58%) and having a good time with friends and family (48%). Enhancement of spirituality rounded out the bottom of the list, at 28%.

See also: What a 30-day break from smoking marijuana does to your brain

What’s more, around four in 10 people who have headache or migraine pain (40%), people who have arthritic pain (40%) and people who have back and neck pain (41%) expressed an interest in cannabis consumption.

A majority of folks who would use cannabis and have an ailment said they already used an over-the-counter or prescription medication to treat it. Such ailments include headaches and migraines, back and neck pain, arthritis pain, “feminine pain,” general aches and pains, trouble falling asleep and cancer pain.

As for why cannabis-curious adults who use other medications would weigh the psychoactive drug to treat their symptoms, seven in 10 perceived it to be more effective than over-the-counter or prescription options, and 67% thought it was healthier. Sixty-nine percent, meanwhile, said cannabis seemed “more natural.”

Thirty-four U.S. states and the District of Columbia have legalized medicinal marijuana use, and 10 states and the District of Columbia have legalized recreational use. Lawmakers in New York and New Jersey are also considering legalizing recreational use, though recent efforts appear to have stalled.

This widespread marijuana legalization tracks with Americans’ steadily rising support over the past several decades: 62% think marijuana use should be made legal, according to a 2018 Pew Research survey, up from 31% in 2000 and just 16% in 1990. Some 65% of Americans now consider smoking marijuana to be morally acceptable, recent Gallup polling has found.

Meanwhile, the legal cannabis market continues to grow at a rapid pace. It was worth about $8.3 billion in 2017 and will reach nearly $25 billion by 2025, according to 2018 estimates by the cannabis-industry data and analytics firm New Frontier Data.

Market leader Canopy Growth Corp. CGC, -0.26%   is up 57.7% for the year to date, while Aurora Cannabis Inc. ACB, -0.39%   is up 54.4%. That’s compared to an 11.4% increase for the Dow Jones Industrial Average DJIA, -0.17%   and a 14.8% increase for the S&P 500 SPX, -0.20%   over the same period.

This story was originally published June 5, 2019, and has been updated.

Original Article Source: http://www.marketwatch.com/news/story.asp?guid=%7BB192B022-87AD-11E9-80CD-84377CB8CC30%7D&siteid=rss&rss=1

Comments

Popular posts from this blog

Could CBD Lead To The Development Of Safer Antipsychotic Medications?

Antipsychotic medications are important for managing a number of different psychiatric ailments, including bipolar disorders, schizophrenia, and even dementia. These drugs can greatly improve the manageability of symptoms that often distort one’s experience of reality. They can also create major mood disruptions and lead to a number of behavioral and emotional difficulties. Antipsychotic and anti-psychosis medications can be life-changing for people with such disorders, enabling them to live more normal and manageable lives without their symptoms taking over. These drugs work by regulating neurotransmitters in the brain so that naturally occurring imbalances and dysfunctions no longer disrupt mental and emotional processes. Often, reaching this outcome is much easier said than done; it can take a lot of time to find courses and combinations of treatments that work. It’s sometimes necessary to make adjustments to find the right balance for the individual and it’s not unusual for outc...

Cannabis Watch: Canopy Growth To Book Charge Of Up To $568 Million As Marijuana Restructuring Continues

Canopy Growth Corp. said early Thursday it was halting a range of operations across three continents and expects its restructuring plans to result in a charge of up to C$800 million (567.9 million) in the fiscal fourth quarter. U.S.-traded shares US:CGC CA:WEED of the cannabis company fell 1.9% in afternoon trading. Canopy said it was selling operations in Africa, curtailing cultivation of hemp in the U.S. and Columbia, and shutting down an indoor production facility in Canada. The announcement will result in 85 job cuts, the company said. “When I arrived at Canopy Growth in January, I committed to conducting a strategic review in order to lower our cost structure and reduce our cash burn,” Canopy Chief Executive David Klein said in a statement. Read: As cannabis industry stays largely quiet on coronavirus, this CEO has been sounding the alarm Canopy’s restructuring announcement was expected by investors, Cowen analyst Vivien Azer wrote in a note to clients Thursday. Azer rate...

A Dozen US Governors Ask Congressional Leaders To Back Federal Marijuana Reform

A bipartisan coalition of 12 governors from states that have legalized medical or recreational cannabis  sent a letter to congressional leaders, asking for their support in getting a major marijuana reform bill through the U.S. House and Senate. The governors of California, Colorado, Maryland, Massachusetts, Nevada, New York, North Dakota, Oregon, Pennsylvania, Utah, Vermont and Washington state are backing  the STATES Act  – which would codify in federal law that marijuana regulations are to be left to the states instead of the federal government – while also seeking protections on banking and tax issues for the MJ industry. “The STATES Act is not about whether marijuana should be legal or illegal; it is about respecting the authority of states to act, lead and respond to the evolving needs and attitudes of their citizens,” the governors wrote. The letter also expressed support for the SAFE Banking Act , which was approved in March by a House committee. Tha...