10 Countries (Aside From the U.S.) Where Some Form of Medical Marijuana Is Legal

Since 1996, two dozen states have approved medical marijuana laws in the U.S. The most recent was Pennsylvania, which passed medical marijuana legislation just last month. We’ve also witnessed four states legalize the sale of recreational marijuana.

For medical marijuana patients, approval of the drug at the state level means possible new pathways to treatment. Though each state typically differs on what diseases and disorders qualify, glaucoma, epilepsy, and most terminal cancers are ailments that commonly fit the bill. For the states themselves, legalization is primarily motivated by the additional revenue-generating potential. Since marijuana is taxed, medical marijuana provides a way for states to funnel extra money to schools or law enforcement.

10 countries (aside from the U.S.) where medical marijuana is legal
But marijuana’s expansion is particularly fancied by investors. And who can blame them, with ArcView Market Research calling for 30% compound annual growth for the industry between 2016 and 2020 in the U.S.? However, it’s not just the U.S. that offers the marijuana industry an intriguing growth opportunity. Here are 10 other countries aside from the U.S. where medical marijuana is currently legal in some form.

 

To read more: http://www.fool.com/investing/general/2016/05/15/10-countries-aside-from-the-us-where-some-form-of.aspx

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