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State of the States: 2020 Ballot Initiative Efforts

NORML

Unfortunately for marijuana reform, what began with at least a dozen states optimistically working to qualify state level ballot initiatives in advance of the November 2020 election, has slowly dwindled to a number that can be counted on one hand. Below is an overview of key 2020 ballot initiative efforts and where they stand now.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. 46,104,922.

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

States collected an estimated $1.3 However, SBA’s current policy excludes small businesses with “direct” or “indirect” products or services that aid the use, growth, enhancement, or other development of cannabis from SBA-backed financing. billion in tax revenue from legal cannabis sales in 2018.

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Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Cannabis Law Report

The trend is yet another example of the strength of Illinois’s recreational cannabis market , which launched in January 2020 and has consistently seen record-breaking sales in the months since. Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows.

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And the Winner of the 2020 Election Is…Weed!

The Blunt Truth

Meanwhile in Montana , voters narrowly passed Initiative 190 and Initiative 118 which collectively will permit the use, production and sale of marijuana to adults ages 21 or older. See Section 36-2851(1). Likewise, employers are also not required to allow or accommodate the use, consumption, or possession of marijuana on the job.

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The Week in Weed: April 10, 2020

The Blunt Truth

Small Business Administration loans would be most welcome and some Senate Democrats are pushing to include the industry in that program. As does Idaho , where social distancing measures have made signature collection all but impossible. See the Marijuana Policy Project’s chart to keep up-to-date on what’s happening where.

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The Week in Weed: May 15, 2020

The Blunt Truth

Maine made changes to their marijuana program. We reported last week on the DOJ’s memo finding that the Drug Enforcement Administration’s cannabis research program is non-compliant with international drug laws. This move comes amidst an investigation into the medical marijuana program. No word yet on any change in policy.

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