Over the past decade, the United States has seen a significant surge in cannabis drug reform. By the end of 2020, more than 40 states had legalized cannabis for either medical use or recreational use. Although the upsurge in cannabis legalization bills has resulted in a significant increase in tax revenue for these states and helped to reinvest in communities that were most affected by the war on drugs, not everyone is happy about legal cannabis. Employers, for instance, worry that cannabis use by their employees may hinder productivity, ultimately impacting companies’ bottom lines.
However, new research unveiled by the National Bureau of Economic Research shows interesting findings. Employers may actually cut costs as injured workers in states with recreational cannabis markets tend to claim cheaper workers’ compensation. A worker compensation…
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