Mentor Capital: Election Triples Recreational Cannabis Market
Mentor Capital reports that, following the election, overnight, the population in states where recreational cannabis use is legal increased from 17.6 million to 67.5 million. California, Massachusetts, Maine and Nevada joined Colorado, Alaska, Oregon, Washington and the District of Columbia as new safe havens for cannabis use by adults when in compliance with their respective state laws. This rising tide was further buttressed by the approval of medical marijuana use in Florida, North Dakota and Arkansas with a combined population of 22.6 million. 29 states now allow recreational cannabis or medical marijuana use covering the majority of the US population.
Mentor Capital, Inc. CEO Chet Billingsley opines, “The average mood of the nation toward recreational use seems well reflected California’s 56% voting approval. Medical marijuana has even greater acceptance as indicated by Florida’s 71% positive balloting. This portends well at the federal level for moving cannabis off of Schedule I which...
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