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.
âThere is a massive sense of momentum in this regard.â. Recreational use had been approved in previous years in Alaska, Oregon, Washington and Colorado. Lynne Lyman, California state director for the group, noted that 40 million people now have access to legal recreational marijuana.