Legalization of Cannabis Approaches Ballots in Nine States

NEW YORK, October 28, 2016 /PRNewswire/ --

Americans are more open minded about legalizations of Cannabis than ever before. A recent Gallup poll shows that about 60% of Americans support legal cannabis use. The surprising parts about this poll is the rising support for cannabis reform across all age groups. Take this into perspective and now you have nine states voting this November 8 on legalization of medical use, recreational use, or both depending on the state. Finore Mining Inc. (CSE: FIN.CN), Aurora Cannabis Inc. (ACB.V), Aphria Inc. (APH.V), Supreme Pharmaceuticals Inc. (CSE: SL.CN), Maple Leaf Green World Inc. (MGW.V)

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.  

United States is not the only country in North America where cannabis reform is expected to influence the market in 2017. Canada is on its way to legalizing cannabis as well. The current liberal government announced earlier this year that a new legislation will be introduced in spring 2017. Justice Minister Jody Wilson-Raybould revealed the creation of a task force this June stated, "Our intent is to come up with legislation that will regulate non-medical access to marijuana, keeping it out of the hands of children and the hands of criminals."

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. (FIN.CN) just announced late yesterday an agreement for the acquisition of KushTown USA LLC, a leading California Marijuana Beverage Company. Kushtown USA for example is specializing in medicated water, soda, hot sauce and barbecue sauce products infused with cannabis. The company offers 20 different varieties of medicated sodas on its website. The sodas and drinks come in varieties of carbonated and non-carbonated beverages, with flavors like Cherry Cola, lemonade, fruit punch, and lemon lime, all infused with a medical marijuana THC oil tincture. For more information about the California based company, please visit and check out http://www.kushtownusa.com