PR for People Monthly OCTOBER 2016 | Page 9

In election 2016, nine states will be voting on Marijuana legalization, precisely defining whether to legalize or decriminalize: Arizona, Arkansas, California, Florida, Maine, Massachusetts, Montana, Nevada and North Dakota.

According to data extracted from National Organization for the Reform of Marijuana Laws (NORML), Marijuana remains the third most popular recreational drug of choice in the United States despite 60 years of criminal prohibition. According to government figures, nearly 70 million Americans have smoked marijuana at some time in their lives.

At PR for People, we value innovation, entrepreneurship, and closely monitor industry trends. In the states where recreational marijuana is legal, the business of weed has become a fast growing industry, and a new engine for an economy that sagged after the housing and banking crash of 2008.

In Seattle, Portland and Denver, marijuana dispensaries and stores have popped up on every street corner. A whole range of service providers and vendors have jumped into the pool to support retailers and growers, including financial and lending institutions, realtors, insurance companies and attorneys. There are many regulatory compliance issues relevant to the canna industry that require strategic and sophisticated counsel. It’s a green world out there! But stoners tend not to be energetic! Take a look at Chester on the cover. He’s not working very hard to make a living! Stay tuned! In the next year, we will cover the latest business developments in this growing industry.

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