Say Hello to the 25th and Newest State to Legalize Medical Marijuana
Following a resounding marijuana initiative defeat last November, this state seemingly defied the odds to become the 25th to legalize medical marijuana.
Marijuana is still illegal at the federal level, but it's been growing by leaps and bounds at the state level. This has both industry enthusiasts and investors believing that we're on the cusp of witnessing a major expansion of the industry in 2016.
Patients and legislators rejoice as marijuana expands
Since California first passed a compassionate-use law in 1996, legalizing the use of medical marijuana for select ailments, two dozen additional states have followed suit. The list of ailments can vary from state to state, as can the medical-marijuana use method (not all states allow for the sale of leaf cannabis and instead prefer oils, pills, or some other form of delivery). However, glaucoma, terminal cancers, and epilepsy are commonly approved ailments in most states.
For patients with...
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