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Can Federal Marijuana Legalization Save the Tourism Industry?

The travel industry is in a depression due to COVID-19, according to the U.S. Travel Association. Industry losses include declines in travel, expected to total $80 billion in tax revenue lost during 2020. The downturn led to 51% of the industry losing their job. With the market in such a downturn, one could wonder what the impact cannabis might have. We are beginning to see results come in from specific legal state markets. Additional states legalizing could further prove if the often discussed hypothesis is true. However, for now, the topic remains up for debate until further evidence provides clarity. That said, many markets could use relief, cannabis or not, right now.
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