"MI is going to demonstrate that regulating marijuana works, and it will set a strong example for other states in the region and around the country". This legalizes medical marijuana for people with certain qualifying conditions, such as HIV/AIDS, cancer, chronic pain, and multiple sclerosis. By her calculation, after factoring in MI, the total addressable market for adult, medical, and illicit use of marijuana will be $24.5 billion by 2030.
North Dakota voters are also deciding whether to legalize recreational marijuana on Tuesday.
In Utah and Missouri, voters approved changes to the ledger, paving the way for marijuana use for medical purposes in each state.
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However, defeat for the visitors ended their chances of progressing from the group. "It's not good, but we are not complaining".
Recreational marijuana sales in Canada are expected to generate $4.3-billion in revenue in 2019, or slightly more than 60 per cent of the country's total $7.1-billion marijuana market, which includes medical and illegal sales, consulting firm Deloitte noted. "Marijuana has now been legalized for adult use in one out of every five states, so I think it's safe to say federal laws are in need of an update".
In this way, Utah and Missouri joined a list that now includes 33 states where medical marijuana is legal.
A similar measure was defeated in North Dakota, meaning there are now 10 states that allow recreational use of pot - Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, Washington - plus the District of Columbia.
MI becomes the 10th state to legalize marijuana and the first one in the Midwest.
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It may take a month for recreational marijuana to officially become legal in the state of MI. Adults would be able to sell tax-free marijuana is the bill passes, potentially creating a legal but unregulated marketplace unlike any of the existing systems in place among existing recreational weed states.
"Investors believed cannabis stocks were over-valued ahead of legalization, and then the stocks rocketed upward as legalization neared and took effect. While members of Congress in both major parties have become increasingly supportive of good marijuana legislation, approximately 90% of Democrats-and only 25% of Republicans-support such legislation generally". He says it will ultimately be up to them, but he's hoping to get most to opt out.
Amendment 2 follows the footsteps of previous state medical legalization. Amendment two passed. That allows doctors to prescribe medical cannabis to patients.
Florida voters approved a ballot measure that will restore voting rights to 1.5 million ex-felons when they complete their sentences.
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The 46 year old was surprised by the announcement as he did not see it coming. "Your vote can make a difference!" he said. Elba told People how he reacted to the news. "Really?"' Idris said. 'Looked in the mirror, I checked myself out.