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Boyoung Seo, Assistant Professor of Business, Indiana University

26 states may soon need to regulate cannabis – here’s what they can learn from Colorado and Washington

Colorado Marijuana Washington D.C. Environment Steroids
More states may soon be faced with the task of regulating marijuana marketplaces. Patrick T. Fallon/AFP via Getty Images

The U.S. Drug Enforcement Administration has made moves to reclassify marijuana, making it a type of legal but regulated medicine, like Tylenol with codeine or some steroids.

With the reclassification, 26 states where cannabis is currently illegal will need to decide whether they want to take action to stop the sale of cannabis in their state or figure out how to regulate the newly legal drug.

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