A key Senate committee passed a bill today allowing the nation's capital to establish regulated marijuana stores and let banks provide financial services to state-legalized marijuana dispensaries.
"With so much on the line this year for medical and recreational cannabis, looking into this space early may be important especially when we'll be talking about it in 10 months when "election season" is at a fever pitch. Being that it's still January, what better to become familiar with this industry and its companies than right now? Several marijuana stocks that have been gaining momentum this year include CLS Holdings, Inc. (CLSH), PharmaCyte Biotech, Inc. (PMCB), and Terra Tech Corp. (TRTC)."
Earlier in the year when you were pumping the opening you're right and it didn't open and a year from then in 2016 it just might, seeing is believing
As the first state to qualify for the 2016 ballot with almost 60,000 more signatures than needed, Nevada is well on its way to taking its legalization from just medicinal to fully recreational.
You are totally right on. We'll see next year around March. They have a lot going on but it's all taking time to implement.
Hickenlooper's recent shift is a testament to the remarkable early success of legalized marijuana since weed dispensaries first opened in Colorado in January 2014. The state has not devolved into the lawless hellscape that some observers predicted. Quite the opposite, in fact: Hickenlooper said the rate of marijuana usage has remained flat, arrests have gone down and Colorado is on pace to generate about $100 million dollars in tax revenue this fiscal year.