2 New Marijuana Studies Raise More Questions Than Answers

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Pardon the horrible pun, but the marijuana industry is budding right before our eyes.

Marijuana gains momentum
Over the past two decades, 23 states have approved the use of marijuana for medical purposes, and since 2012, four (along with Washington, D.C.) have passed legislation allowing adults ages 21 and over to purchase marijuana for recreational use. Such sweeping legalization would have been a laughable idea about 20 years ago, when just a quarter of the country, based on a Gallup poll, had a favorable view of the federally illicit drug. But marijuana's momentum right now is very real.

In Colorado, recreational marijuana tax revenue could wind up netting the state's education system $40 million, depending on whether voters choose to allow the state to apportion the tax revenue to education in the upcoming election. In Washington state, marijuana tax revenue hit $70 million over its first 12-month period. Although...

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