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 five states have voted on full legalization, while four other states could legalize medical marijuana. California, Massachusetts, Nevada and Maine have voted to legalize recreational marijuana in their states, while Arizona was the lone state of the five with legal weed on its ballot to reject its measure.