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Here's the Single Most Important Reason More States Will Legalize Marijuana

TheMotleyFool

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Here's the Single Most Important Reason More States Will Legalize Marijuana

You don't have to be Nostradamus to successfully predict that more states will legalize marijuana -- whether for medicinal use only or for recreational use. A bandwagon effect seems quite likely, considering 29 states plus the District of Columbia have already legalized medical marijuana. Nine of those (including D.C.) have also made recreational use of the drug legal.

But the psychological tendency of the bandwagon effect isn't the main reason more states will legalize marijuana. Instead, the single most important motivator is an issue that many states have faced frequently in the past: They need more money.

Image source: Getty Images.

Source: Fool.com