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.
The Rocky Mountain High just got a whole lot higher. On Tuesday night, Amendment 64 -- the measure seeking the legalization of marijuana for recreational use by adults -- was passed by Colorado voters, making Colorado the first state to end marijuana prohibition in the United States.he Rocky Mountain High just got a whole lot higher. On Tuesday night, Amendment 64 -- the measure seeking the legalization of marijuana for recreational use by adults -- was passed by Colorado voters, making Colorado the first state to end marijuana prohibition in the United States.