CNBC Originals Season 2 Episode 19 Marijuana USA
- TV-PG
- December 8, 2010
- 43 min
In episode 19 of season 2 of CNBC Originals titled "Marijuana USA," the show explores the growing cannabis industry in the United States. With the legalization of both medical and recreational marijuana in some states, the industry has seen massive growth and billions of dollars in revenue.
The episode takes viewers on a journey through three different states where marijuana has been legalized in some form: California, Colorado, and Washington. In each location, the show highlights the unique challenges and opportunities faced by those operating in the cannabis industry.
In California, the episode explores how the legalization of medical marijuana in 1996 paved the way for the state's massive cannabis industry. From small "mom and pop" shops to large-scale operations, the industry has created jobs and generated revenue for the state. However, with the recent legalization of recreational marijuana in 2018, the industry faces new challenges with increased competition and regulation.
Next, the show travels to Colorado, the first state to legalize recreational marijuana in 2012. The episode speaks with industry leaders and business owners who have thrived in the new legal market but also faced challenges such as banking and federal regulation issues. The show also explores the positive impact that legalization has had on the state's economy, including tax revenue and job creation.
Lastly, the episode journeys to Washington state, where legalization of recreational marijuana in 2012 has led to a diverse and competitive industry. The show interviews business owners who have found unique ways to stand out in a crowded market, such as producing organic and sustainable cannabis. The episode also discusses the challenges of navigating the federal banking system and how businesses have had to adapt to keep up with changing regulations.
Throughout the episode, the show presents a balanced view of the cannabis industry, discussing both its benefits and drawbacks. They speak with experts and lawmakers on both sides of the issue, exploring the potential health risks of marijuana use and the impact on public safety. The episode also touches on the social justice aspects of legalization, with a discussion on how it can impact criminal justice reform and social equity.
Overall, CNBC Originals' "Marijuana USA" offers an in-depth look at the growing cannabis industry in the United States. From the challenges faced to the potential benefits, the episode provides a comprehensive overview for both those inside and outside the industry.