15 Most Common Addictions In The US

In This Article:

In this article, we will take a look at the 15 most common addictions in the US. If you want to skip our detailed analysis, you can go directly to the 5 Most Common Addictions In The US.

Current State of Legalization of Cannabis in the US

Marijuana or cannabis use is one of the most widely spread addictions in the US. According to the results of the 2022 National Survey on Drug Use and Health, in 2022, 22% of people aged twelve and more misused cannabis in some form. Cannabis is available in a variety of states and the user can smoke, vape, or digest it with some food or drink. The use of cannabis was the highest among people aged between eighteen and twenty-five. Smoking was the most common mode for taking marijuana during this year.

2023 was a relatively tumultuous year for the cannabis industry as the industry was met with fierce competition from the illicit market. Illegal manufacturing and distribution of cannabis caused the overall market and retail sales to slump. The overall situation of the cannabis market stirred support for the legalization of the drug in the US.

On January 9, Reuters reported that the most notable effort made in this regard in 2023 was by the Department of Health and Human Services. HHS recommended to the US Drug Enforcement Agency to reclassify cannabis from Schedule I of the Controlled Substances Act (CSA) to Schedule III. The reclassification of the drug would alter the legal status of cannabis and recognition by the federal government. Schedule I includes substances with a high potential for abuse, no accepted medical use, and a lack of accepted safety for use under medical supervision. However, Schedule III substances still have a potential for abuse, but they have accepted medical uses and are considered to have a moderate to low potential for dependence or abuse.

The reclassification would be the most notable change in the US cannabis policy as it will change the status of the drug from being prohibited to being regulated. The reclassification would be beneficial for the overall cannabis industry. Section 280E of the Internal Revenue Code restricts cannabis businesses from deducting ordinary business expenses when calculating their taxable income. After the reclassification, this section would no longer apply resulting in lower taxable income and reduced tax liability. In the US, twenty-five states including Ohio, Minnesota, and Delaware have legalized recreational cannabis. Public support for the legalization is also rising and is expected to fuel the growth of the cannabis market in the country. You can also check out the 25 Most Cannabis Consuming-Countries in the World.