Marijuana Business
Marijuana Business
California and 7 Other States Vote Yes On Marijuana
Yes, you heard right! Legalized! California passed the legalization of marijuana by 56% of the popular vote in November 2016. This allows all adults over the age of 21 can possess and use cannabis with out a medical prescription. Cannabis users will also get the chance to grow your own plant for personal use only. The regulated sale and consumption of cannabis will not be implemented until January 1, 2018. Taxes rates on cannabis business will generate much needed revenue for services with in the state including job placement programs, mental health treatment, and environmental clean up.
Voters in Massachusetts and Nevada also said yes to legalized, regulated cannabis. Medical marijuana initiatives passed in Florida, Arkansas and North Dakota. Regrettably, not all United States has the privilege of getting a hold of the product.
This has been a great year for many cannabis patients. Now that the product is going to be much more accessible for consumers it is going to bring lots of profit to the marijuana businesses.
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