Arizona

Wed
09
Nov

As Voters Reject Prop. 205, Marijuana in Arizona to Remain Prescription-Only

Arizona's ballot measure to legalize marijuana trailed in early election results, and final unofficial tallies showed voters saying "no" to Proposition 205.

The race — which pitted business interests against the legal medical-marijuana industry backed by a pro-legalization group, the Washington, D.C.-based Marijuana Policy Project — echoed the 2010 effort to legalize medical marijuana, which narrowly prevailed. The tally of complete results was likely to take several days.

Republicans gathered at a downtown Phoenix hotel cheered the early results that showed Proposition 205 down.

Tue
08
Nov

Pro and Anti-Cannabis Lobbyists Pour Cash Into Arizona's Battle for Recreational Marijuana

In a last ditch effort to support or fight against Arizona’s upcoming cannabis ballot initiative, both sides are dumping a lot of cash into certain states.

Tue
08
Nov

Where Legal Weed Will Likely Win Today — and Where It Probably Won't

The results of today's marijuana legalization ballot initiatives will set the stage for the next four years of American drug policy. If California and a number of other states legalize the recreational use of the drug, many observers, including President Obama, say that a strict federal pot prohibition could soon become untenable.

Mon
07
Nov

Arizona: Final marketing push underway to influence marijuana vote

With the fate of legalized marijuana in doubt, supporters and foes of Proposition 205 are amassing cash for a last-minute blitz to convince voters.

A new poll of 550 Arizonans conducted this past Tuesday and Wednesday finds the ballot measure leading -- but only slightly.

Of those questioned, 48 percent said they are likely to support the initiative, with 47 percent opposed and the balance undecided. Pollster George Khalaf who conducted the survey for Data Orbital, a Phoenix based consulting firm, said that difference is statistically insignificant, being well within the 4.1 percentage point margin of error.

With victory on the issue clearly within the grasp of either side, both are raising lots of last-minute cash to close the deal.

Mon
07
Nov

Why marijuana will be a 'shadow' business for a long time

Never mind Clinton vs. Trump: Millions of Americans can expect to wake up Wednesday and indulge in a soothing palliative to take the edge off the results of a contentious presidential election.

On Tuesday, five states will decide whether to join Colorado, Washington, Oregon, Alaska and Washington, DC, in legalizing marijuana for “adult recreational“ use.

Polling in California, Nevada, Arizona, Massachusetts and Maine shows that, while legalization is slightly favored by voters, the margins are very close.

Taken together, a successful outcome for these ballot measures could add $4.2 billion to legal marijuana retail revenues by 2018, on top of the $6.5 billion projected for the current year, according to Matt Karnes of GreenWave Advisors.

Fri
04
Nov

Marijuana legalization wars: Follow the money edition

A good way to gauge where things stand in the marijuana legalization wars a week before Election Day is to follow the money. And the latest polls, of course.

There are limitations to this approach. Trying to predict the outcome of an election by polling a week or less before the voting ends is a lot like trying to predict how a road trip is going to end by looking out the back window of the car. Ditto with following the money. The financial disclosure reports published, say, 10 days before Election Day don’t tell you how much will be contributed and spent before the polls close.

That said, here’s how things stood about a week ago.

Fri
04
Nov

What happens to Colorado green rush if other states legalize recreational marijuana?

Five other states will vote on legalizing recreational marijuana on Nov. 8 and the impact on Colorado is yet to be seen.

The Colorado green rush is credited with bringing an influx of investment and people to the state. Supporters cite a $2.4 billion economic impact in 2015 but opponents point to concerns about crime and homelessness.

After several incidents downtown this summer, city leaders blamed what they called "urban travelers" -- people drawn to Colorado for legal weed. They even told dispensaries on the 16th Street Mall to avoid selling individual joints.

A homeless man who calls himself "L.A." told Denver 7 he moved here from Louisiana because of marijuana, as he said, "For the best weed ever."

Thu
03
Nov

'An Opportunity to Correct Course': Marijuana on the Ballot 2016

A potential sea change in marijuana legislation is coming, with ballot measures in several states giving voters the opportunity to make it legal for adults.

Arizona, California, Maine, Massachusetts, and Nevada will vote on legalizing recreational marijuana, while Arkansas, Florida, Montana, and North Dakota are considering medical marijuana initiatives.

Thu
03
Nov

Report: Marijuana sales to quadruple after election

The marijuana industry could quadruple in size after the 2016 elections, according to a new study released Wednesday.

The Los Angeles-based cannabis firm MedMen projects legal pot sales in the U.S. could increase by $20.5 billion per year after voters in nine states weigh ballot measures that would legalize recreational marijuana.

"The potential of this industry is undeniable," MedMen CEO Adam Bierman said. "The question is how we make sure it is done in a safe, responsible and controlled manner."

The recreational use of marijuana has already been legalized in Colorado, Washington state, Oregon, Alaska, and Washington, D.C., and another 21 states permit medical marijuana.

Thu
03
Nov

Sheldon Adelson Fights Marijuana Legalization While Funding Pro-Marijuana Research

Sheldon Adelson, the politically influential billionaire and Donald Trump supporter, is bankrolling the fight against marijuana legalization measures on several state ballots this year. Meanwhile, Adelson the philanthropist gave money to research that supports the medical use of marijuana.

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