Nebraska Medical Marijuana Legalization Ballot Initiative Would Create Nearly $1 Billion In Economic Benefits By 2030, A
Amid a state challenge to a pair of Nebraska medical marijuana legalization ballot initiatives, a top cannabis law firm has released an analysis projecting that the reform would create over $925 million in economic benefits for the state through 2030.
The analysis for the measures, championed by the campaign Nebraska Families 4 Medical Cannabis (NF4MC), found that the state could see medical marijuana patient registrations exceed 56,000 by 2028 and 93,000 by 2030.
Based on the estimates from Vicente LLP, that translates into more than $152 million in medical cannabis sales by 2030 and over $925 million in new economic activity—including jobs and revenue—by the end of that year.
“If medical cannabis sales begin in mid-2026, Nebraska has the opportunity to generate over $925 million in new economic activity through 2030,” Andrew Livingston, director of economics and research at Vicente LLP, said in a press release on Wednesday.
https://www.marijuanamoment.net/nebraska-medical-marijuana-legalization-ballot-initiative-would-create-nearly-1-billion-in-economic-benefits-by-2030-analysis-finds/