Saturday, 17 November, 2018

MI becomes first state in Midwest to legalize recreational marijuana

Marijuana legalization on the ballot in four states Michigan Voters Legalize Marijuana
Kelvin Reese | 08 November, 2018, 04:26

MI is significantly less restrictive than other states with legalized weed - while most others only allow residents to possess up to one ounce of bud, MI residents will be allowed to hold up to 2.5 ounces.

Create a state licensing system for marijuana businesses and allow municipalities to ban or restrict them.

These races were not close.

MI voters overwhelming favored the legalization of recreational marijuana, but that doesn't mean you can pull out a victory cigar... or blunt, just yet.

The healthy margins are not surprising given the general popularity of these policies.

Three U.S. states are on track to loosen laws governing the use of recreational and medicinal marijuana as the world's largest economy continues to increasingly liberalize cannabis usage.

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

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'This issue does not only enjoy strong support on the coasts, but also in the Midwest and all throughout the country.

The ballot measure approved Tuesday will allow people age 21 or older to buy, grow and use the drug. Amendment 4 was one of 13 ballot initiatives that Floridians considered this year, but it has received the most attention as it enfranchises the largest population in US history since women's suffrage.

JZSNearly one-quarter of Americans now live in a jurisdiction that has legalized recreational use.

In addition to the recreational market, more states are embracing medical marijuana.

Cannabis stocks reached new highs in pre-market trading Wednesday morning after voters in MI legalized the recreational use of marijuana. The latter is the only state that does not authorize marijuana stores. So far Vermont is the only state that has legalized recreational use (but not commercial production and distribution) by that route. MI will also levy a tax on the sale of recreation cannabis.

Just yesterday, Senator Olga Sanchez, Mexican President-elect Andrew Manual Lopez Obrador's choice for interior minister, announced plans to submit a recreational marijuana bill to Congress. State forecasters project that will raise $730 million in the first five years. "The Democratic takeover of the U.S. House was the most important outcome, because the House speaker, committee chairs, and subcommittee chairs will all be Democrats for the first time since 2010, with a majority of Democrats populating literally all House committees and subcommittees".

Kristin Schrader, 51, a Democrat from Superior Township in Washtenaw County, said she voted to legalize marijuana because she doesn't want people leaving MI to get it.

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