Tag: Bill 20-466

D.C. Mayor-Elect Announces Support for Legalizing Cannabis Sales

On Tuesday, voters in Washington D.C. approved an initiative to legalize the possession of up to two ounces of cannabis, and the private cultivation of up to six cannabis plants, for those 21 and older. Unlike legalization initiatives approved in Alaska and Oregon this election (and Washington and Colorado in 2012), D.C.’s Initiative 71 doesn’t …

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Report: Cannabis Would Be An $130 Million Annual Market In Washington D.C. If Legalized

Financial officials in Washington D.C. have determined that if the district legalized cannabis, the market would be worth $130 million annually. This is based on 122,000 users purchasing cannabis priced at $350 an ounce. The figures, given during testimony to the D.C. Council over a cannabis legalization and regulation bill, was presented before the Council’s …

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