Excerpt from DataTrek co-founder Jessica Rabe’s report on the marijuana industry re-print on Zero Hedge:
….. “Two huge bullish events for the marijuana industry happened in just the last several days: 3 out of 4 US states passed marijuana legalization & cannabis opponent Jeff Sessions resigned as AG.
What does this mean for the marijuana market and stocks ahead? DataTrek’s Jessica Rabe explains:
Three out of four ballot initiatives to legalize marijuana in some form passed in the US midterms this week. Michigan approved recreational marijuana, while Utah and Missouri voted in favor of medical marijuana; each proposal received +53-66% of voter support. Sixty percent of residents in North Dakota voted against legalizing retail cannabis use, however. Here’s where they all stand……”
Read the whole report here on Zero Hedge!