US legalized pot industry poised for major expansion

Washington (AFP) - Legal marijuana is becoming more and more entrenched in the United States each year, and 2016 looks to be no exception. 

 

In fact, some observers say it could be a "tipping point" for an ever-growing industry already worth billions of dollars.

By the end of the year, nearly a dozen states will decide whether to legalize pot -- with seven to determine whether they will allow recreational use.

Already 23 out of 50 states, plus the nation's capital, allow pot in some form, whether for medical or recreational purposes. 

At the beginning of 2016, 86 percent of Americans lived in a state permitting cannabis use in some form.

As acceptance of the drug grows across the United States, so too do sales, which are expected to hit nearly $22 billion by 2020.

"It is going to be a very,...

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