© Reuters. FILE PHOTO: Worker checks cannabis plants inside Tilray factory hothouse in Cantanhede
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By Shariq Khan and David Randall
(Reuters) – Votes to legalize marijuana on Tuesday by a handful more U.S. states should spur further development of the industry and possibly bring changes at a federal level, even if pro-decriminalization candidate Joe Biden loses his bid for the White House, according to industry executives and analysts.
Consumer demand and the promise of tax revenue are leading more states to embrace pot, which then leads other states to follow suit, making what happens at the local level more important, they said.
Shares of U.S. companies with footprints in multiple states, including Curaleaf Holdings (OTC:) Inc (CD:), Cresco Labs Ltd (CD:) and Green Thumb Industries Inc (CD:), were all up on Wednesday after voters in Arizona, Montana, New Jersey and South Dakota chose to…
