Compare the expense ratio to other companies or previous reports. Once the expense ratio is calculated, it can be used to evaluate the financial health of an organization. If the expense ratio is increasing over time, the company may be losing its pricing power or not managing its costs effectively.
Washington and Colorado became the first two states to legalize recreational use of marijuana for adults in 2012, followed by handful of other states since. The potential effect of legalizing marijuana for recreational use has been a topic of considerable debate.
Follow @TIMEHealth. For the first time, two American states have legalized the recreational use and sale of marijuana. Voters in Colorado, Washington State and Oregon had the opportunity to make history by voting on initiatives that would legalize the recreational use and sale of marijuana in their respective states.Only residents of Oregon rejected the move.oters in Colorado, Washington State and Oregon had the opportunity to make history by voting on initiatives that would legalize the recreational use and sale of marijuana in their respective states. Only residents of Oregon rejected the move.