Los Angeles may become one of America’s hottest marijuana markets soon, after city lawmakers approved new rules on Monday to regulate and legitimize the cannabis industry ahead of January’s full legalization of recreational use in the state of California.
Nevada took a gamble on recreational marijuana, and it’s paying off.
Dispensaries sold $27.1 million of pot in Nevada, in July alone. That's almost double what both Colorado and Oregon sold in their first months. It's almost seven times what Washington sold.