The Expectations Of The Legal Cannabis Market After Elections

After the marijuana elections 2016.

MAINE: In California, Massachusetts, Nevada and Maine, voters decided that recreational cannabis use is now legal. Now as for Arizona, it was the only state that rejected the proposal. Making it four of the five states, where the proposal of legalization of cannabis for recreational use were approved. Companies in this sector profiting from the growing demand, Read the full article…

A Former Facebook Exec Just Got A Big Boost In His Effort To Legalize Marijuana In California

The move brings to a close weeks of behind-the-scenes negotiations aimed at closing the gaps between the initiatives, amid concerns that neither would succeed if both wound up on the ballot for 2016.

CALIFORNIA: Efforts to legalize marijuana in California got a boost this week after competing ballot measures joined forces behind the stronger of the two, backed by billionaire Sean Parker, a former president of Facebook. The initiative has the support of Democratic Lieutenant Governor Gavin Newsom and the Coalition for Cannabis Policy Reform. Coalition board member Antonio Read the full article…

Gavin Newsom: California Is The ‘Worst Of All Worlds’ When It Comes To Marijuana

California has a very mature marijuana industry, it's just not regulated.

CALIFORNIA:  California has the oldest and largest legal marijuana market in the country, bringing in $1.3 billion a year. It’s also the least regulated, allowing for local governments to enforce their own rules at their whims and a thriving underground industry to smuggle the product to other states en masse. That’s why Lieutenant Governor Gavin Newsom (D), who Read the full article…