Following years of debate, the green rush is fully under way in America.
Support for nationwide legalization has also never been higher.
Some folks believe that, with President Biden in the White House and Democrats narrowly retaking control of the Senate, cannabis reform legislation has a shot to pass at the federal level.
In November, we witnessed a green sweep, with New Jersey, Arizona, Montana, South Dakota, and even deep-red state Mississippi, voting in favor of their respective cannabis ballot measures.
Unfortunately, the Florida Supreme Court struck down a proposed ballot initiative in a 5-2 vote on April 22 due to the phrasing that would be used on the ballot.
The Constitution State is in close proximity to a bunch of states that have already chosen to legalize recreational pot.
Surveys, such as Gallup’s, have consistently shown that people identifying as Democrats have a considerably more favorable view of cannabis than those who identity as Republican.
One month ago, Connecticut’s legislative Judiciary Committee approved Lamont’s bill, albeit there is another bill also working its way through the legislative process.
If lawmakers can work out their differences, which primarily hinge around social equity factors included in the bill, Connecticut’s legalization bill could be signed into law by or before July 2021.
It allows adults aged 21 and up to possess up to 1.5 ounces of flower, and would also expunge low-level criminal offenses involving cannabis.
History has shown that party-line votes are common in Minnesota, which makes it unlikely that we see the Gopher State’s legislature green-light recreational weed in 2021.
Hawaii’s legislature has been predominantly packed with Democrats for years.
In 2019, Ige vetoed two of three cannabis reform bills from his state’s legislature — he OK’d decriminalization for persons possessing up to three grams of flower — and he’s expressed serious concern about a pair of bills the state’s legislature has been working on in 2021 concerning adult-use legalization and low-level expungement.
The election of a new governor in November 2022 that would support adult-use cannabis could clear a quick path to legalization shortly after the midterm elections.
is where marijuana stock investors are going to want to put their money to work over the next five to 10 years.
Green Thumb has 56 operating dispensaries at the moment, but holds licenses to open as many as 97 stores in a dozen states.