• 4 Ways the Marijuana Industry Saw a Green Wave in Yesterday's Midterms

    7 days ago - By Fortune

    The marijuana industry saw momentum in Tuesday's midterm elections.
    Proposal 1 passed in Michigan , making it the first recreational marijuana market in the Midwest. While an amendment to legalize recreational cannabis in North Dakota failed , voters in Utah and Missouri passed measures to make marijuana available for medical use.
    "We view Michigan as a particularly important market given the state's substantial population and large medical-use market," Canacord Genuity cannabis analyst Bob Burleson wrote in a note Wednesday morning. "We estimate Michigan's market for marijuana to be...
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  • Michigan vote to legalize pot fires up investor momentum behind cannabis

    7 days ago - By Reuters

    Michigan's vote Tuesday to become the 10th U.S. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will become legal nationwide within the next 5 years.
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  • ANALYST: These are the next 4 states to legalize marijuana

    ANALYST: These are the next 4 states to legalize marijuana

    7 days ago - By Business Insider

    Tuesday's 2018 midterm elections was a big success for cannabis advocates.
    Michigan legalized recreational marijuana , and while North Dakota rejected a similar measure, both Missouri and Utah voted in favor of medical marijuana.
    So far, 10 states and Washington, DC, have legalized the full use of marijuana, and 33 states and Washington, DC, have legalized medical marijuana.
    With the Democrats winning key Governor races, and securing more seats in their state Houses/Senates, a few more states are likely to soon legalize marijuana.
    According to Cowen Research Group, four states in...
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  • Marijuana industry gets a boost after Michigan voters just say yes to recreational cannabis

    7 days ago - By CNBC

    Michigan voters authorize the legalization of possession, use and cultivation of marijuana products by those at least 21 years old.
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