Washington state was home to some of the nation’s first dispensaries for legalized marijuana. AP Photo/Ted S. Warren February 2, 2022 Legalizing recreational pot may have spurred economic activity in first 4 states to do so Roberto Pedace, Scripps College; Amanda Marino, San Diego State University; Curtis Hall, Drexel University, and James D. Brushwood, University of Arizona Colorado, Washington, Alaska and Oregon all experienced big increases in both deposits and lending shortly after legalizing marijuana for recreational use.