You are here
Home 🌿 Recreational Marijuana News 🌿 Marijuana Industry Bullish on State Success, Trump Administration 🌿Marijuana Industry Bullish on State Success, Trump Administration
The marijuana industry was delivered a series of major victories this week at the state level, and it is bullish about opportunities at the federal level under the Trump administration as well.
Cannabis legalization ballot initiatives were approved in several states on Tuesday. Florida, Montana, Arkansas and North Dakota voted in favor of medical initiatives, and recreational marijuana measures passed in California, Maine, Nevada and Massachusetts. Arizona was the only state to reject the initiative there. Across the board, marijuana industry leaders and legalization proponents are encouraged by the votes.
"From an industry standpoint, things went almost perfect," said Dan Humiston, president of the International Cannabis Association.
The initiatives' passage could help the $7 billion legal marijuana market to more than quadruple in coming years. California is the major prize -- by some estimates, it could be a $10 billion annual market.
"Legalization in California and Massachusetts is...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.