Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Factbox-Voters in five U.S. states to decide on legalizing marijuana in November midterms

Published 10/07/2022, 01:18 PM
Updated 10/07/2022, 05:06 PM
© Reuters. FILE PHOTO: Customers are seen inside Shango Cannabis shop to purchase legal recreational marijuana beginning at midnight in Portland, Oregon October 1, 2015. REUTERS/Steve Dipaola/File Photo

By Joseph Ax

(Reuters) - Voters in five states will decide whether to legalize adult-use marijuana in November's midterm elections, as 19 other states and the District of Columbia have done.

Public support for legalizing the drug has risen in recent years, and President Joe Biden on Thursday announced he was pardoning thousands of people who had been convicted of federal marijuana possession charges.

Here's a summary of where things stand ahead of the Nov. 8 vote:

WEED ON THE BALLOT

Voters in Arkansas, Maryland, Missouri, North Dakota and South Dakota will cast ballots on whether to allow adults to use marijuana recreationally.

South Dakota's initiative is something of a do-over. Residents approved a prior marijuana referendum in 2020, but Governor Kristi Noem, a Republican, challenged the result in court. The state Supreme Court invalidated the amendment last year, ruling that it violated the constitution on technical grounds. This year's initiative was more narrowly tailored to avoid a similar outcome.

An Oklahoma group also collected enough signatures for a referendum. After protracted legal challenges, the state Supreme Court ruled that there was too little time to put the question on November's ballot. The initiative will likely go to voters in 2024.

Ballot referendum efforts for 2023 or 2024 are also underway in Florida, Nebraska, Wyoming and Ohio.

In addition to the statewide referendums, voters in some cities around the country will decide whether to decriminalize marijuana possession laws and whether to allow licensed cannabis retailers in their areas.

PUBLIC SUPPORT

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Residents in New Jersey, Arizona and Montana voted to legalize marijuana in 2020. All told, 19 states and the District of Columbia allow recreational use of marijuana, and 37 states regulate cannabis for medical use.

Polls show a majority of Americans favor legalization. A Morning Consult/Politico survey released this week found 60% of respondents believe the drug should be legal, compared with 27% who disagreed.

Democrats are more likely to support legalization. The poll found 71% of Democrats in favor and 16% opposed, versus 47% in favor and 41% opposed among Republicans.

Efforts to pass federal legislation have stalled in the Senate, largely due to Republican opposition.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.