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Photo: John Tlumacki/The Boston Globe/Getty Images

Generation Z American consumers have come up in a time when cannabis consumption is growing more acceptable and it is anticipated that this demographic will be "twice as likely as the average American to use cannabis," Bloomberg reports.

Backdrop: In communities where the substance has been legalized for medical and recreational use, the minimum age to purchase marijuana is typically 21, so only a fraction of Gen Z — born between the late-1990s to mid-2000s — is old enough to partake. Last year, this demographic only accounted for 1% of legal marijuana consumers, but that number has nearly tripled this year, according to Bloomberg.

"It’s always hard to generalize about an entire age group, but early signs suggest it will be a generation of marijuana consumers, embracing legal pot to unwind or treat ailments," per Bloomberg.

Gen Z is the first generation born into an era where discussions about marijuana legalization are more mainstream as states legalize the drug, and the idea of federal legalization is thrown around.

Go deeper: 4/20 sells high: Corporate America embraces marijuana's big day

Go deeper

President Joe Biden vows to be "a president for all Americans"

Moments after taking the oath of office, President Joe Biden sought to soothe a nation riven by political divisions and a global pandemic, while warning that "we have far to go" to heal the country and defeat a "virus that silently stalks the the country."

Why it matters: From the same steps that a pro-Trump mob launched an assault on Congress two weeks earlier, the new president paid deference to the endurance of American political institutions.

Updated 42 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden and Vice President Harris review readiness of military troops, a long-standing tradition to signify the peaceful transfer of power.

Updated 1 hour ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.