Marijuana Legalization Is Big News For Cannabis Growers


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Marijuana Legalization Is Big News For Cannabis Growers

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" Increased opportunities for cannabis cultivators, both professional and amateur. "

The biggest news for growers in yesterday's election is undoubtedly the legalization of marijuana for recreational use in Colorado and Washington. Voters in both states chose to legalize the possession of small amounts of marijuana by adults over 21. Both plan to sell and tax cannabis the same way as alcohol.

In Colorado, Amendment 64 passed with 53.3% of votes in support. The state already has one of the more developed medical marijuana industries, and the new law allows for licensing of cultivation facilities, product manufacturing facilities, testing facilities, and retail stores. It also allows for individuals to grow up to six plants of their own.

In Washington state, Initiative 502 passed 56% to 44%. The law unfortunately does not allow for home cultivation of cannabis beyond the state's existing medical marijuana laws. It does however establish a producers, processors and retailers system to allow for adults over 21 to acquire and possess up to one ounce of marijuana.

Both victories for recreational cannabis use are unprecedented, and it will take some time to see how each state implements the new laws and accompanying regulations. It also remains to be seen how the Federal government will respond, given that marijuana is still illegal at a Federal level. But yesterday's results clearly demonstrate the voting public's willingness to reconsider marijuana prohibition, as well as spotlights increased opportunities for cannabis cultivators, both professional and amateur.

 

 

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