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Home 🌿 Marijuana Politics 🌿 The politics of pot: Ballot initiatives on marijuana could cost $40 million in 2016 🌿

The politics of pot: Ballot initiatives on marijuana could cost $40 million in 2016

Submitted by Marijuana News on Fri, 08/14/2015 - 08:57

Ohioans will vote this November on a constitutional amendment to legalize marijuana now that a group backed by cannabis-industry speculators has collected enough signatures to put the issue on the ballot, the office of Ohio Secretary of State Jon Husted announced Wednesday.

Ten investment groups put up a combined $3.4 million to bankroll the initiative through a state-level group called Responsible Ohio, records show. In addition to legalizing the use of marijuana for adults over 21 and for medicinal purposes, the constitutional amendment would limit marijuana growing to just ten plots of land throughout the state. The investment groups backing the amendment own or hold options on all of that land.

As the nascent cannabis industry becomes more involved in shaping the laws under which it will operate, a mix of traditional reformers, cannabis speculators and grassroots activists in as many as nine other states are also exploring plans to...

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URL: 
http://sunlightfoundation.com/blog/2015/08/14/the-politics-of-pot-ballot-initiatives-on-marijuana-could-cost-40-million-in-2016/

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