Legalization of Cannabis Pending in Nine States

The states where recreational cannabis will be on the ballot are California, Arizona, Nevada, Maine and Massachusetts, while North Dakota, Arkansas, Montana and Florida are considering medical marijuana legalization. California in particular is an interest to investors. According to Arcview Group, a company that links investors with cannabis companies, has shown the market for both recreational and medicinal marijuana is expected to reach a value of $22 billion by 2020 from the $7 billion it is today, if California says yes.

California already has the most comprehensive medical marijuana law in the country, which includes edibles, and therefore it is not surprising some of the most creative cannabis infused edibles were originated in the western state. Finore Mining Inc. (OTC: FNREF) just announced late yesterday an agreement for the acquisition of KushTown USA LLC, a leading California

... read more at: http://www.prnewswire.com/news-releases/legalization-of-cannabis-pending-in-nine-states-599023201.html

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