Analysis: States with Legal Marijuana Sales Experience Big Boost in Home Values
NORML
November 9, 2023
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“Home values in states with recreational cannabis have outpaced home values in other states by $48,983 over the past decade,” the study found.
The post Analysis: States with Legal Marijuana Sales Experience Big Boost in Home Values appeared first on NORML.
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2023-11-09
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Arizona legalized marijuana for recreational use in November 2020. The law allows adults aged 21+ to purchase, possess and use cannabis. State-licensed cannabis dispensaries began selling recreational marijuana in early 2021. There are over 150 dispensaries in Arizona — a majority of them are in populous areas such as Phoenix, Tucson and Flagstaff. Recreational cannabis delivery services began operating in 2024.
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