420 with CNW — Marijuana Could Become Legal in These Five States After Midterms

The recreational use of cannabis could be legal in one-half of America if the states with marijuana measures on their ballots approve them in November. The states of North Dakota, South Dakota, Missouri, Maryland and Arkansas have proposals on their ballots for their voters to consider legalizing the recreational use of cannabis. If approved, these states would join the District of Columbia and 19 other states that have legalized recreational marijuana.

It has been 10 years since Washington, DC, and Colorado legalized recreational marijuana. Since then, prohibition has reduced across the nation, in smaller rural states such as Vermont and Maine as well as in big states, including New York and California. While most states in the South haven’t legalized the recreational use of cannabis, many have legalized the medical use of the herb.

So, where is the cannabis movement headed next?

Earlier this year, legislators in Maryland asked voters whether cannabis should be legalized for individuals aged 21 and above. The proposed constitutional amendment states that the recreational use of cannabis will not be legal until July 2023, with a transitional period between Jan. 1, 2023, and July 1, 2023.

Missouri’s proposed ballot measure will also permit the use of marijuana for individuals aged 21 and above. Individuals will also be allowed to start cultivating and purchasing the herb for personal use. Voters in the state approved the use of medical cannabis in 2018.

In Arkansas, the state’s Supreme Court overturned a decision by the Board of Election Commissioners which stated that the resolution to approve the recreational use of cannabis did not explain the impact. This ruling will allow voters in the state to approve the recreational use of cannabis for individuals over the age of 21.

In 2020, voters in South Dakota approved a marijuana legalization amendment. However, Governor Kristi Noem challenged this move, which led the state’s Supreme Court to rule that the amendment violated South Dakota’s constitution. This year, voters will be afforded the chance to legalize the recreational use of cannabis via the ballot.

A proposal introduced in North Dakota to legalize recreational cannabis will be brought before voters next month. If approved, people aged 21 and older will be allowed to use cannabis at home as well as grow and possess a controlled amount of marijuana. The proposal also establishes policies to regulate cultivators, retail stores and other cannabis businesses.

Voters in Oklahoma will also get the chance to vote to legalize the recreational use of cannabis in March 2023, after the resolution failed to get enough signatures to qualify for the ballot in time.

If voters in those states approve marijuana legalization, a wider market will potentially open up for various entities, such as American Cannabis Partners, which are interested in having a presence in different state-level markets.

NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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