Alaska to Vote on Recreational Marijuana in November
July 21st, 2014
Policy, Top News
Alaska will vote on whether or not to legalize recreational marijuana on November 4, 2014 in order to capitalize on the greater voter turnout for general elections. If the Vote Yes On 2 campaign is successful, the state could join Colorado and Washington State in fully legalizing marijuana for both recreational and medical uses, after what many consider to be a successful initial rollout.
Under the new law, adults over 21 years of age would be able to purchase marijuana for recreational use from licensed vendors. Many industry groups also support the creation of a so-called Marijuana Control Board that would be responsible for rule-making, facilities restrictions, and implementing a marijuana tax, which would be $50 per ounce sold by a marijuana cultivation facility.
The efforts biggest opposition is from a group known as Big Marijuana Big Mistake, or Vote No On 2, which is dedicated to keeping the drug illegal in Alaska. The group believes that the ballot measure would industrialize and commercialize the marijuana industry, including concentrates and edibles that have been tied to some deaths in Colorado from overconsumption of THC-infused products.
The group is also concerned that a commercial marijuana industry would attract out-of-state corporations that would change the landscape of local communities with mass marketing, advertising and storefront properties. In addition to these concerns, the group suggested that the cost of setting up a task force would exceed the cost of the current law enforcement fighting marijuana consumption.
Outside of Alaska, Oregon and Washington D.C. are also considering similar ballot measures to legalize recreational marijuana this November, while California, Nevada and Vermont are likely to following 2016. In the meantime, the country will be keeping a close eye on Colorado and Washington State was two models of how successful or unsuccessful various aspects of the program are to roll out.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
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