5 States that Legalized Recreational Weed in the US

1. Colorado

Legalization Measure Approved: November 2012

Famous for its craft beer scene, The Centennial State is also home to Ceria Brewing Co., which became a pioneer of marijuana infused beverages when it debuted its first THC beer in 2018. 

As marijuana sales cool across the state, Denver reported a 22% decline in weed sales from 2021 to 2022 – the largest annual drop since legalization. With weed sales plummeting, career opportunities in the industry are growing scarce. Colorado ranked as the No. 2 state for cannabis job losses in the last year, with more than 10,000 eliminated. 

Colorado, together with Washington, was the First State to Legalize Recreational Marijuana in the U.S.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 20 Countries with the Oldest Populations in the World and 23 Best Gins for a Classic Martini.