Voters could legalize recreational marijuana in five states this November and medical marijuana in three more. This record number of state ballot measures promise to be a great boon for the cannabusiness industry. With national prohibitions against interstate cannabis commerce, as well as current federal banking and drug laws, large companies have been kept out of the industry, so the market is still primarily comprised of small businesses.
California, Arizona, Maine, Massachusetts and Nevada will consider legalizing the recreational use of cannabis while Florida, Arkansas and North Dakota will decide on marijuana for medical purposes.
What’s going on state by state? read more at forbes.com
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