These States Are the Most Likely to Legalize Marijuana in November

Don't look now, but the November elections are just over five weeks away. In addition to choosing the 45th president of the United States, voters in nine states will decide the fate of marijuana, which has become a front-and-center issue this year.

The expansion of the marijuana industry is impressive in two respects. First, its growth rate is practically unmatched. According to cannabis research firm ArcView, legal marijuana sales could grow at a 30% annual clip between now and 2020, all on account of organic sales growth and legalization by more individual states.

Secondly, public opinion concerning cannabis has shifted dramatically. Two decades ago, when California became the first state to allow physicians to prescribe medical marijuana for a small list of ailments, a national Gallup poll pegged support for the drug at a mere 25%. In Gallup's latest poll, support for the nationwide legalization of marijuana tied for an...

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