Top Ads

 

newsfeedback@fool.com (Sean Williams),Motley Fool 1 hour 44 minutes ago 
legalized recreational weed. Most notably, legislatures in Pennsylvania and Ohio passed medical marijuana laws without bringing votes to the people, while residents in California overwhelmingly passed Prop 64 (recreational legalization),

which could add $1 billion, or more, in annual tax and licensing revenue to the state. Cannabis research firm ArcView has predicted that legal marijuana sales could grow by 30% annually through the remainder of this decade, while investment firm Cowen & Co. went a step further and forecast legal sales growth from $6 billion to $50 billion over the next decade, or more than a 23% compound annual return per year. .

Post a Comment

 
Top