Leafly (NASDAQ: LFLY), the leading online cannabis information resource and marketplace, released a first-of-its-kind report detailing the unintended and harmful consequences that occur when local municipalities choose to opt out of legal and regulated cannabis sales.

The report, developed in partnership with Whitney Economics, a global leader in cannabis and hemp business consulting, data, and economic research, reveals the adverse consequences of opting out and explores why local regulation, not local prohibition is the right way to handle cannabis.

Opting In To Legalized Sales Would Benefit The Entire Community

After legal cannabis is approved in a state, numerous legalization laws enable local municipalities to establish specific regulations within cities and counties. That is, they can choose to sell cannabis or not to sell cannabis.

According to the Leafly report, “instead of reasonably regulating legal sales, it is increasingly common for leaders to opt out of legalized sales entirely, with unintended consequences that effectively create an economic protection zone for illegal street sellers to continue the business.”

Leafly’s Opt-Out Report found that local leaders who choose to opt out of cannabis sales are hurting their communities by:

Bruce Barcott, the …

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