These are the next 4 states to legalize marijuana

08 November, 2018, 04:26 | Author: Kathy Ellis
  • Desiree Hennessy center attends to her adopted son Hestevan who has Cerebral Palsy and suffers from chronic nerve pain seizure disorder during the Utah Patients Coalition news conference in Salt Lake City. Ut

In Utah and Missouri, voters on Tuesday decided that patients should have access to medical marijuana.

North Dakotans decisively rejected a proposal to make marijuana legal for recreational purposes.

Cannabis stocks, already bolstered by wins in the midterm elections, got an added boost when anti-pot Attorney General Jeff Sessions announced his resignation Wednesday afternoon. A 10 percent tax on retail sales will be distributed between "local governments, K-12 education, and infrastructure projects".

MI has become the 10th state in the country to legalize recreational marijuana.

MI is going to have the first legal recreational marijuana in the Midwest.

With every election, the United States gets a step closer to a nation of legal recreational weed.

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In Missouri, voters will be asked to chose between three separate proposals legalizing medical marijuana to varying degrees. Within a residence, adults will be permitted to grow up to twelve marijuana plants and/or possess up to ten ounces of marijuana. Sales there, estimated to start in 2020, could grow to as much as US$1.7b in the coming years, according to the trade publication Marijuana Business Daily. More than 60% of Florida voters voted in favor of a measure to restore voting rights to more than a million felons who have completed their sentences, reports CNN.

While there is still considerable room for liberalizing marijuana policy by initiative, the focus increasingly will shift to legislatures in states such as New Jersey, New Hampshire, and New Mexico. "While members of Congress in both major parties have become increasingly supportive of good marijuana legislation, approximately 90% of Democrats-and only 25% of Republicans-support such legislation generally".

Voters in Missouri passed medical marijuana, but their ballot was particularly unique.

Proposition No. 2 in Utah passed with about 53 percent of voters for the measure and about 47 percent against it.

Nationwide, 66 percent of Americans now support the legalization of marijuana according to a recent poll from Gallup.

Investors say that they are watching Canada, where the legal recreational use of marijuana went into effect in October, as a testing ground for retailers and companies before US legalization.

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