The 5 States Most Likely to Legalize Pot Next
Cannabis reformers in Alaska have been committed and they've been loud, managing to turn a predominantly red state into the next likely region to allow recreational pot use. Alaska's citizen-run group Campaign to Regulate Marijuana currently has three initiatives which will be voted on in the November general election.
One statewide ballot initiative proposes legalizing possession of limited amounts of marijuana for those 21 years and older, while cultivation and sales will be regulated in a way similar to alcohol."The proposed initiative will take marijuana sales out of the underground market and put them in legitimate, taxpaying businesses," said Tim Hinterberger, one of the campaign's major activists and sponsors, in a January statement. "Replacing marijuana prohibition with a system of taxation and sensible regulation will bolster Alaska's economy by creating jobs and generating revenue for the state." The initiative was originally for the August ballot, but has since been moved to November. Decriminalization and legalization of medical marijuana was passed in 1998 after a majority 59% of Alaskan voters approved the measures.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV