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The Big Picture: State-by-state marijuana ballot initiative update

The Big Picture: State-by-state marijuana ballot initiative update

  • Number of signatures submitted: On July 8, the campaign submitted roughly 106,000 signatures but was short of the necessary goal.
  • Key business highlights: Allows for up to 38 dispensaries across the state.
  • As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals.
  • Initiative: Question 4, The Regulation and Taxation of Marijuana Act , by the Campaign to Regulate Marijuana Like Alcohol (run by the Marijuana Policy Project)
  • Number of signatures needed: Initially, 64,750 by Dec. 2, 2015, and another 10,792 by June 22

This year could prove a historic turning point for the legal cannabis industry, with pro-cannabis ballot measures in front of voters in nine states Tuesday.

@MJBizDaily: The Big Picture: State-by-state marijuana ballot initiative update

This year could prove a historic turning point for the legal cannabis industry, with pro-cannabis ballot measures in front of voters in nine states Tuesday.

If some or most are approved, that could translate into untold business opportunities for cannabis entrepreneurs across the nation.

But there are risks, too, particularly if California’s proposed recreational marijuana ballot measure is rejected on Election Day. That could set back marijuana legalization in California – and the entire country – by years.

Below is Marijuana Business Daily’s latest update on the states that have cannabis on the ballot, following our last snapshot on June 23.

The Big Picture: State-by-state marijuana ballot initiative update

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