Arizona

Mon
17
Oct

Be prepared for a wild ride if you invest in marijuana stocks

No matter who wins on Election Day, cannabis will have a big day at the ballot box.

Five states — Arizona, California, Maine, Massachusetts and Nevada — have initiatives to legalize marijuana for adult recreational use. Four states — Arkansas, Florida, Montana and North Dakota — have proposed legalizing marijuana for medical purposes. All of the recreational use initiatives are currently ahead in the polls.

Thu
13
Oct

Marijuana: The Privileged Drug

A review last week by the Washington Post shows a statistically insignificant majority in favor of legalizing so-called “recreational” marijuana in the five states that will be voting on it on election day: California, Massachusetts, Nevada, Maine, Arizona. The five states were obviously specifically selected by the pot lobby as the next to join the Portlandia states of Oregon and Washington, as well as libertarian Alaska, and the new spring-break destination Colorado as the only states to completely decriminalize marijuana.

Thu
13
Oct

Arizona's Marijuana-Legalization Measure, Prop 205, Picks Up Pace in New Poll

The poll by OH Predictive Insights, conducted September 28-30, shows an increase in support in the past month for Prop 205, and that the proposition still has a chance at passing. However, it also shows the measure behind 43-47, with 10 percent still undecided.

The proposition aims to grant adults 21 and older the freedom the possess, buy, and grow personal amounts of cannabis, and sets up a limited system of retail shops where people could buy cannabis products.

Wed
12
Oct

Prison Food Provider Donates $80,000 To Keep Marijuana Illegal In Arizona

A deep-pocketed coalition is spending big to keep marijuana illegal in Arizona. Drug companies, the Chamber of Commerce, and the alcohol industry, have together poured millions of dollars into the campaign to defeat Proposition 205, a ballot measure that would legalize marijuana for those over 21. And  as opinion polls show a tight race, another industry entered the fray: prison food providers.

Tue
11
Oct

Arizona Awards 31 New Medical-Marijuana Licenses, and You Can Probably Guess Where

 

The Arizona Department of Health Services awarded preliminary licenses for 31 new medical-marijuana dispensaries last week, creating a lucrative opportunity for entrepreneurs and (soon) more shopping choices for patients.

Most of the 747 applicants lost out on their hoped-for pot of green gold — not to mention the nonrefundable $4,000 of their $5,000 application fee. But the lucky few whose applications were accepted could make a fortune in the industry.

"It's fantastic," said a woman who is part of a group that won a license. "We did an enormous amount of work to get to this point."

Tue
11
Oct

Marijuana's Moment

As many as five states could approve its recreational use this November, potentially signaling a point of no return for legalized pot.

Recreational marijuana users can now legally light up a joint in states representing about 5 percent of the U.S. population. By the time Americans wake up on November 9, that percentage could be swelling to more than one-quarter.

Fri
07
Oct

Marijuana legalization will win big on Election Day: Here’s why

Voters in five states – Arizona, California, Maine, Massachusetts, and Nevada – will decide this November on ballot initiatives seeking to legalize and regulate the adult use, production, and retail sale of marijuana. Polling data shows these measures to be leading among likely voters.

Thu
06
Oct

Marijuana legalization is leading in every state where it’s on the ballot this November

Marijuana advocates are heading into the final weeks of the 2016 campaign with the wind at their backs as the latest polling shows legalization measures currently favored by voters in all five states where they're on the ballot.

This is something of a reversal from just a month ago, when the most recent polling had shown voters wary of legalization measures in Massachusetts and Arizona. But the margins of support aren't huge in any state, meaning that the contests could still swing either way.

Mon
03
Oct

Foes of legalized recreational marijuana in Arizona have cash edge

Foes of legalized recreational marijuana are building up a war chest in a bid to kill Proposition 205, apparently with a last-minute barrage of media.

New reports filed with the Secretary of State’s Office show that the anti-205 Arizonans for Responsible Drug Policy has so far collected slightly more than $2 million.

That still leaves the group short of the nearly $3.2 million reported by the pro-205 Campaign to Regulate Marijuana Like Alcohol.

But the pro-205 forces already have burned through more than $3 million of that, much of it to get the measure on the ballot in the first place. The latest report shows that organization has less than $170,000 on hand.

Thu
29
Sep

Marijuana measures on the ballot in 9 states on Nov. 8

Voters on Nov. 8 will decide ballot measures in nine states that would expand legal access to marijuana. Here's a rundown:

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RECREATIONAL MARIJUANA

In five states, the ballot measures propose to legalize recreational marijuana use for anyone 21 and over.

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