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.
For a long time I thought that California would be the first state to legalize recreational marijuana. After all, California was the first state to legalize medical marijuana in 1996.But legalizing recreational marijuana has been tough for California. California was the first state to vote on legalizing recreational marijuana when Proposition 19 qualified for the 2010 Election.That was the same year that Jay Smoker and I created The Weed Blog.tâs not going to be easy, and itâs not going to be cheap, but I think at the end of the 2016 Election California will have legalized marijuana, and it will be a huge domino that increases momentum for legalization nationwide. Print PDF. Johnny Green is a marijuana activist from Oregon.