Study: Hotels Benefit From Cannabis Legalization - Geek.com

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Cannabis isn't just for stoners: The legalization of recreational marijuana may mean a boon for the hospitality industry. Researcher John O'Neill found that, after legalizing pot, Denver, Colo., saw roughly $130 million new …
Cannabis isn't just for stoners: The legalization of recreational marijuana may mean a boon for the hospitality industry.

Researcher John O'Neill found that, after legalizing pot, Denver, Colo., saw roughly $130 million new hotel revenues.

A Schedule 1 drug at the U.S. federal level, cannabis is prohibited even in medical use.

But no such protections exist for recreation: The production, sale, and consumption of pot is allowed in 11 states, two territories, and the District of Columbia; it has been decriminalized in another 15 states and one territory.

And with more states mulling approval, O'Neill believes his findings "could be useful to government officials and business owners" considering changing the legislation.

O'Neill, a professor of hospitality management at Penn State, chose to…
Stephanie Mlot
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