North Dakota voters set to reject marijuana legalization measure

Randal Sanchez
November 8, 2018

It came as the state was still setting up its medical marijuana system, which voters approved by a wide margin two years ago.

The ETFMG Alternative Harvest (MJ) ETF, which invests primarily in cannabis companies, surged 2.2% ahead of market open Wednesday morning after a 17% gain in the week leading up to midterm elections. The proposal also legalized commercial sales of marijuana through state-licensed retailers subject to a 10 percent tax.

Cannabis stocks were broadly higher Wednesday after MI voted to legalize recreational marijuana and Missouri approved medical pot.

MI is going to have the first legal recreational marijuana in the Midwest.

Marijuana is illegal under federal law, though the Obama administration advised prosecutors against pursuing related cases in states that have passed legislation permitting the plant for medical or recreational purposes.

Supporters of the marijuana ballot measure in MI expect legalization to bring in about $130 million more in tax revenue each year.

Driver 'huffing' before fatal hit-and-run with Girl Scout troop, officials say
An adult was also killed and a fourth girl has been critically injured, police said in the U.S. state of Wisconsin on Saturday . Golden says both the district and school crisis teams have put together support networks for students, staff and families.

Utah voters also gave the nod to medical marijuana. It may take another year for the state issues licenses for businesses to sell marijuana. The latter is the only state that does not authorize marijuana stores.

State laws allowing recreational use of marijuana have spread across the United States since Colorado voters approved one in 2012.

In Illinois, Democrat JB Pritzker successfully ran on a pro-legalization platform to unseat first-term Republican Governor Bruce Rauner.

Proposition No. 2 in Utah passed with about 53 percent of voters for the measure and about 47 percent against it. With 79 per cent of polls reporting, almost 61 per cent voters in the state voted against the legalization of recreational marijuana use for those 21 and older.

The support for the proposal was overwhelming with many people interested in the new measure for its economic benefits.

Nationwide, 66 percent of Americans now support the legalization of marijuana according to a recent poll from Gallup. I was on a drug policy panel with Rohrabacher last week at Reason's 50th anniversary celebration, and he seemed confident that President Trump, who has repeatedly said states should be free to set their own marijuana policies, is prepared to sign that bill or something similar.

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