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Benzinga
Benzinga
Business
Nicolás Jose Rodriguez

Cannabis Retailers Drive Economic Growth, Not Crime According To Recent California Study

Oftentimes those who oppose adult-use cannabis argue that its legalization will trigger a rise in crime rates. However, according to a recent analysis commissioned by the city of Sacramento, California, licensed cannabis businesses stimulate economic growth and are not magnets for crime, reported NORML.

“Consistent with prior studies, investigators reported that homes in close proximity to marijuana outlets experienced a greater rise in value than did other residences in the city. Authors also rebuffed the allegation that marijuana retailers were associated with elevated risk of criminal activity,” NORML stated in a press release. “Between 2018 and 2021, fewer than one percent of all robberies and burglaries reported to the Sacramento Police Department were associated with the cannabis business, the report found.”

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