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.
Starting a Marijuana Business: A State By State Guide. California, Maine, Massachusetts and Nevada recently passed laws legalizing the recreational use of marijuana. Arkansas, Florida and North Dakota enacted medical marijuana initiatives, bringing the total of states (and the District of Columbia) that allow some form of marijuana use to 33.