{"id":16868,"date":"2021-08-06T08:30:38","date_gmt":"2021-08-06T12:30:38","guid":{"rendered":"https:\/\/www.veriheal.com\/blog\/?p=16868"},"modified":"2026-03-31T01:32:09","modified_gmt":"2026-03-31T05:32:09","slug":"weekly-cannabis-roundup-august-6","status":"publish","type":"post","link":"https:\/\/www.veriheal.com\/blog\/weekly-cannabis-roundup-august-6\/","title":{"rendered":"Weekly Cannabis Roundup August 6"},"content":{"rendered":"<p>Ohio might soon legalize the recreational use of cannabis for adults. A research study shows that cannabis legalization will up your property value and billionaire Charles Koch is putting $25million toward lobbying for federal cannabis legalization.<\/p>\n<hr \/>\n<h2><span style=\"font-weight: 400;\"><strong>Video Transcript:<\/strong> <\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Ohio gets its first recreational legislation proposal<\/span><\/p>\n<p><span style=\"font-weight: 400;\">and a new study shows that cannabis legalization increases property values<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is Lo with Veriheal keeping you up to date with the latest in cannabis news.<\/span><\/p>\n<h2><strong>Research Shows That Cannabis Legalization Boosts Property Value<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If you were scared that marijuana legalization would decrease your home value, worry not!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A <a href=\"https:\/\/www.realestatewitch.com\/marijuana-study-2021\/\" target=\"_blank\" rel=\"noopener\">new study<\/a> by Clever Real Estate used data from Zillow, and the US Census among others to explore the relationships between residential property value and cannabis legalization.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report found that cannabis legalization leads to higher property value<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, recreational states that add retail dispensaries see better gains than states that limit use to medical only.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some key takeaways from this study discovered that:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">From 2017 to 2021, property values increased by over $17,000 more in recreational states compared to medical states<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cannabis taxes drive new investment in areas such as public service and infrastructure which ultimately drives higher demand in real estate leading to higher property values and revenue<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Higher home values are positively correlated with cities with more dispensaries, which shows that legalization boosts jobs and economic growth<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">So, if you\u2019re in the market to buy a home, definitely consider looking into a state with legal cannabis.\u00a0<\/span><\/p>\n<h2><strong>Ohio Introduces Adult Use Legislation<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Next in news, Ohio might soon be one of the next states to consider legalizing recreational cannabis\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">State Reps. Casey Weinstein and Terrence Upchurch introduced a new bill to decriminalize cannabis, and also create a regulatory infrastructure<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The measure proposes legalizing up to five ounces for possession for adults 21 and older, allows up to 12 plants for home cultivation as well as expungement for prior cannabis convictions\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Upchurch stated, \u201c This bill is more than just about legalization, it\u2019s about economic and workforce development, it\u2019s about decriminalization, and it\u2019s about healthcare! The time is now, and I look forward to getting this done in a bipartisan fashion.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, if you\u2019re in Ohio, stay tuned!\u00a0<\/span><\/p>\n<h2><strong>Charles Koch to Fund Lobbying for Federal Cannabis Legalization\u00a0\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">And lastly,\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Federal cannabis legalization might finally have a substantial financial backing<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Billionaire Charles Koch, the CEO of Koch Industries who is known for funding various libertarian and republican causes, recently announced that he\u2019d be putting $25 million of his $45 billion fortune toward helping influence cannabis legalization<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In an interview for Forbes, he stated, \u201cIt should be the individual\u2019s choice. Prohibition is counterproductive. It ruins people\u2019s lives, creates conflict in society and is anti-progress. The whole thing never made sense to me.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the uncertainty remains for Sen Schumer\u2019s federal legalization proposal, will Charles Koch be the hero that sways the much needed Republican vote?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let us know your thoughts!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So go ahead and like this video and give us a follow at Veriheal for the latest in cannabis news<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks for watching!\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ohio might soon legalize the recreational use of cannabis for adults. A research study shows that cannabis legalization will up your property value and billionaire Charles Koch is putting $25million toward lobbying for federal cannabis legalization. Video Transcript: Ohio gets its first recreational legislation proposal and a new study shows that cannabis legalization increases property&#8230;<\/p>\n","protected":false},"author":47,"featured_media":16902,"parent":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[255],"tags":[],"class_list":["post-16868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Cannabis News Roundup \u2013 August 6 Insights<\/title>\n<meta name=\"description\" content=\"Access details for Weekly Cannabis Roundup August 6 medical cannabis options. 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