Report predicts 18 states will legalize pot by 2020
A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states that currently have or are in the process of creating legal markets for pot.
The report from ArcView Market Research, a firm that pairs investors with marijuana-related businesses, was sponsored by marijuana-industry groups and has a prolegalization tone. But their prediction is not simply self-serving optimism. (See also: The conference where guys in suits pitch marijuana start-ups to other guys in suits)
Monday, January 26, 2015