Wednesday, October 19, 2016 3:18:04 PM
State legalization is reaching critical mass and this November, five more states (California, Arizona, Maine, Massachusetts, and Nevada) have recreational marijuana on the ballot and three more states (Florida, Arkansas, and North Dakota) have medical marijuana on the ballot.
California alone could be a massive boon for cannabis sector companies. Polling by UC Berkeley recently showed near two-to-one (2:1) support in the state of California for Proposition 64 passing. California is the most populous state in the US and has the world's sixth-largest economy with a gross domestic product of about $2.5 trillion.
On September 8, 2016, right after Labor Day weekend, Wall Street Corner Report published a report surveying the entire cannabis sector and indicating our belief that the sector was ripe for a news triggered rally. The coming US Election Day 2016 on November 8th looks like it could be that trigger. And we don’t seem to be the only ones that think so.
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