In just two and a half months, five states – 10% of the entire U.S. – will be voting to legalize recreational cannabis for everyone 21 and older. An additional four states will be voting for legalizing medical cannabis, making almost 20% of the U.S. voting on some for of cannabis legalization.
Having five states vote for legalization in one election is a huge deal, considering it’s taken over 70 years to get where we are now; four states with legal cannabis. Below is a breakdown of the recreational legalization measures being voted on this November 8th (less than three months):
If passed into law, Question 2 would legalize the possession of up to an ounce of cannabis, as well as the personal cultivation of up to six cannabis plants, for those 21 and older. Cannabis retail outlets would also be legalized, with these outlets being supplied by licensed cultivation centers.
Proposition 64 would legalize the possession and licensed distribution of up to an ounce of cannabis while establishing “a state excise tax on retail sales of marijuana equal to 15% of sales price, and state cultivation taxes on marijuana of $9.25 per ounce of flowers and $2.75 per ounce of leaves.”
The following is the exact questioning that will appear on the ballot this November 8th; “Do you want to allow the possession and use of marijuana under state law by persons who are at least 21 years of age, and allow the cultivation, manufacture, distribution, testing, and sale of marijuana and marijuana products subject to state regulation, taxation and local ordinance?”
Question 4, The Regulation and Taxation of Marijuana Act, permits adults to possess (up to ten ounces) and to cultivate (up to six plants) personal use quantities of cannabis and establishes licensing for its commercial production and retail sale. Commercial for-profit sales of cannabis will be subject to taxation, while non-commercial exchanges of marijuana will not be taxed.
If passed into law, Initiative 5 would legalize the possession of up to an ounce of cannabis, and the personal cultivation of up to six cannabis plants, for those 21 and older. State-sanctioned cannabis cultivation centers and retail outlets would also be legalized.
Make sure to keep that refresh button active on our site on November 8th, as we follow each of these measures (in additional to medical cannabis measures and local city proposals) and report as soon as results are in.