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July 8, 2018

20 Years of Cannabis Arrests

  • Despite the majority of states allowing medical cannabis use, cannabis leads drug-related prosecutions in the U.S by a significant margin. 
  • Over 650,000 people were arrested for cannabis-related offenses in 2016, the most recent year for which data is available. This was virtually unchanged from 2015, but down 24% from a peak of 873,000 arrests in 2007.
  • The 2016 arrest rate was on par with the lowest number of cannabis arrests since 1997.
  • Cannabis accounted for 42% of all drug related arrests in 2016, with cannabis possession offenses specifically accounting for 37% of all arrests. Heroin, cocaine and their derivatives, by comparison, accounted for 26% of arrests nationally.
You Asked, We Answered
Q. In this emerging market with extraordinarily high potential, the U.S. has allowed Canada to get a major head start: Is this a death knell for the opportunity for the U.S. to become a leader in this market as it has done so successfully in technology?

A. The U.S. is indeed now facing an increasing risk to lose material positioning in a fast developing international market, which in many ways is currently led by a faster-moving neighbor, Canada. 
Canada is on the verge of becoming the first developed nation to launch a national legal, regulated cannabis market, in which worldwide cannabis investors have flocked into to capitalize on the significant growth opportunities that the market has represented to date...  Read our full answer here
Ask Our Experts is a new weekly interactive feature in the CannaBit.

The Patton Family, Green Meadows Farm, and a Commitment to Giving Back

Historic Massachusetts farm cultivates medical cannabis with a social conscience 
By Michael Harlow CPA, Partner, CohnReznick
Beginning decades ago, George and Joanne Patton, son and daughter-in-law of the famed World War Two general, initiated traditions of community partnership and support that remain active today. Throughout their thirty-year operation of Green Meadows Farm, they sought to share the property’s beauty and historical significance through outreach programs, educational excursions, philanthropic events, and its organic produce stand...
Read Here

J J McCoyDespite Recognition of Injustice, Arrest Rates for Cannabis Remain Unequal

By J. J. McCoy,
Senior Managing Editor, New Frontier Data
New research from New Frontier Data finds that cannabis arrests account for 41.6% of all drug-related arrests, with 15.7 million Americans having been arrested for cannabis (either possession, sales, or manufacturing) from 1997-2016. Yet application of unequal justice finds that black or Hispanic suspects are arrested and convicted at rates more than 9x that of whites...
Read Here
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When the Senate Appropriations Committee killed an amendment last month that would have offered legal protection to banks that want to work with cannabis-related companies, they dealt a blow to an industry that, whether they like it or not, is on a serious growth trajectory...

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