For the first time, more Americans said they Marijuana smoke (from 16%). Tobacco cigarettes (11%) in a Gallup survey conducted July 5-26. The milestone is the result of decades of anti-tobacco campaigning in the US and successful state-by-state efforts to legalize marijuana. It’s the latest sign that the burgeoning cannabis sector is displacing the waning power of the once-mighty tobacco industry.
Cigarette use has declined since the 1960s.
Cigarette use has been declining in the United States since the 1960s. An influential report The Surgeon General’s Advisory Committee warned that cigarettes are addictive and cause cancer. In the decades that followed, a series of Government funded anti-smoking campaign– together with Tobacco tax, mandatory health warnings, and packaging restrictions—cigarette sales have steadily declined. Even tobacco companies are giving up cigarettes. Tobacco titans like Philip Morris are now hoping to capitalize on vaping instead. But so far, one The rise of vaping has not offset the continued decline in cigarette consumption.
Marijuana use has increased over the past decade.
The increase in the use of marijuana is a recent trend. Only 4% of Americans admitted to having ever tried weed in a 1969 Gallup poll. That number rose sharply during the 1970s, but dropped to about a third during the height of the war on drugs in the late 1980s and 1990s. Over the past decade, as US states began legalizing recreational cannabis, more Americans have been experimenting with marijuana: Now, nearly half of Americans surveyed say they’ve tried the drug.
Public sentiment about the legality of marijuana followed a similar trend. The idea was a pipe dream in the 1980s, when less than a quarter of the country supported it. But public opinion began to shift during the 1990s, shortly after President Bill Clinton admitted that he smoked weed (but famously “did not breathe“). In 2011, for the first time, a majority of Americans supported legalization. The following year, Colorado became the first US state to legalize marijuana.
Now, a decade later, in addition to 19 US states, including Washington, D.C., and Guam, Recreational marijuana was legalized., and 19 other states have legalized medical marijuana. At least two more states — South Dakota and Maryland — will give voters the chance to legalize weed through it. Ballot measures During the upcoming November elections
The increase in new cannabis users has been a boon for marijuana companies, which are looking to expand the current $30-$40 billion US weed market. But stock market enthusiasm for the sector has waned since 2019’s peak, as investors increasingly scrutinize publicly traded weed companies’ low returns. As the legal industry grows, a smaller number of corporations are likely to consolidate the market and focus on profitability.