Marijuana Business Outlook 2015: Northeast Riding The Greenwave

NEW YORK:  With Maine’s ballot referendum set to legalize pot and New York City dropping all small possession charges, the year 2015 is gearing up to be significant for marijuana entrepreneurs. 

“You will see a progression from a limited system to more of a broader system of legalized marijuana among states,” said Adam Laufer, attorney and co-CEO of MJ Holdings. “I expect legalization will trickle into New Hampshire next year and that the entire Northeastern region will end up with legal marijuana.”

Recent hallmarks that 2015 will be a landmark year include the U.S. Department of Justice’s new position that Indian tribes may grow and sell marijuana on their reservations so long as they follow the 2014 federal guidelines detailed in the Cole Memo. 

“It will be interesting to see whether it’s only in legal states or any state where there is sovereign land,” Laufer said.

Read full article @ MainStreet