Montana

Tue
03
Nov

What A Contested Election Could Mean For Weed’s Path To Legalization In 5 States

If you are a cannabis voter, this is a critically important election for the industry.

Voters are considering a number of cannabis ballot initiatives nationally on their presidential election ballots. Voters in New Jersey, Arizona and Montana — where there are existing medical cannabis markets — will consider legalizing adult use.

Mississippi may potentially become a new market for medical cannabis, and there are two ballot initiatives in South Dakota that seek to legalize both medical and adult use.

In the event of a contested election between President Donald Trump and former Vice President Joe Biden, Benzinga wondered whether that would hurt or delay the legalization initiatives in these states.

Mon
02
Nov

Election could encourage US marijuana market, sway Congress

Voters in four states from different regions of the country could embrace broad legal marijuana sales on Election Day, and a sweep would highlight how public acceptance of cannabis is cutting across geography, demographics and the nation’s deep political divide.

The Nov. 3 contests in New Jersey, Arizona, South Dakota and Montana will shape policies in those states while the battle for control of Congress and the White House could determine whether marijuana remains illegal at the federal level.

Mon
02
Nov

The 21 Ballot Measures We’re Watching This Election

People who say that the U.S. is a republic and not a democracy apparently haven’t heard of ballot measures. Every year, some states1 allow citizens to bypass their elected representatives and weigh in directly on an issue — bringing policy to the forefront of the campaign in a way it often is not in candidate elections.

Thu
29
Oct

How to Vote for Cannabis Research on November 3rd

It was 1996. I was four years old. California Proposition 215 passed and for the first time, legal medical cannabis became available. I don’t remember it honestly, but that moment triggered a reckoning of outdated and ineffective efforts to control cannabis, which continues on November 3rd.

The moment in 1996 created for me and my generation of millennials a new, decriminalized lens for which to view cannabis and its potential. In my lifetime, from first experimenting with cannabis after high school and then earning my PhD in plant biochemistry, advancing cannabis research, to starting an agtech company dedicated to the genetic improvement of cannabis, we continue this march toward legalization. But another march hasn’t started yet.

Thu
22
Oct

Pair of measures would legalize marijuana in Montana

Marijuana is back on the ballot for the third time in the last five election cycles. But this year, Montanans will decide for the first time whether to follow states like Colorado and Washington in legalizing use for all adults.

The issue comes in the form of complementary ballot initiatives I-190 and CI-118. I-190 creates the rules for a recreational marijuana system in Montana, including a 20% tax. It also allows each county the option to prohibit dispensaries in their county.

CI-118 would amend the Montana Constitution to allow the state to set the minimum buying age to 21. If both pass, Montana would join 10 other states and the District of Columbia in legalizing recreational marijuana.

Mon
19
Oct

Majority of Montana voters support weed legalization ahead of November 3 vote

Voters in Montana appear to be set to legalize recreational cannabis in their state on November 3, the results of a new poll revealed this week. 

The state ballot will ask about legalizing recreational marijuana in Montana.

“Will you vote to support or oppose legalization?” the survey asked likely voters in Montana. Among them, 49% said they will vote to legalize marijuana, while 39% responded they would oppose the measure. Ten percent of voters said they are still undecided on the matter, but their votes could decide the fate of legal weed in Montana. 

Mon
19
Oct

The cannabis industry could be a big winner on Election Day

  • Many states have adult-use legalization initiatives on their November ballots.
  • Vice President Joe Biden and running mate Senator Kamala Harris support adult-use marijuana decriminalization, moderate rescheduling, federal medicinal legalization, allowing states to set their own laws and expunging prior cannabis convictions — though not federal legalization.
  • Alongside tax revenue and job creation, social justice reform is the strongest argument for legalization, on both the federal and state levels.
Thu
15
Oct

Cannabis Legalization Measures On The Ballot In 5 States

The 33 states with some form of legal cannabis could gain additional company this election season as voters in five states consider ballot measures to legalize marijuana. Three states will see initiatives to legalize recreational marijuana, another will decide on the medicinal use of cannabis, while the fifth will consider separate measures for both.

Thu
08
Oct

These 4 states are voting to legalize and tax marijuana sales

Things may go green in four states this fall, as voters will decide on legalizing and taxing marijuana.

Arizona, Montana, New Jersey and South Dakota all have measures up for a vote to legalize and levy recreational marijuana.

Thus far, 11 states have legalized recreational pot: Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont and Washington state.

Levying legal weed is looking attractive at a time when states are anxious to boost their coffers.

Jurisdictions often slap an excise tax, along with a state general sales tax, on pot sales.

Just  don’t count on legalized marijuana to singlehandedly save state budgets.

Fri
02
Oct

Montanans will benefit from marijuana tax revenue

Since the onset of the COVID-19 pandemic, Montana has plummeted into the worst economic recession since World War II. A recent analysis conducted by Montana's Bureau of Business and Economic Research (BBER) projects that the state will experience a 7.3 percent decline in employment in 2020. While this downturn affects the spending power of individual households, it drastically reduces our state tax base which depends on income tax for its general fund. By voting to legalize, regulate and tax recreational marijuana, Montanans will benefit from $236 million in tax revenue by 2026.

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