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1 in 3 Americans now lives in a state where recreational marijuana is legal

Politico

OUR TAKEAWAY

“More than 1 in 3 Americans will live in states where marijuana is legal for adults to use. New Jersey and Arizona, with 8.9 million and 7.3 million residents, respectively, are the biggest wins for advocates this year. Legalization in New Jersey is expected to create a domino effect for legalization in other large East Coast states, including Pennsylvania and New York.”

The future of marijuana under Biden and a GOP Senate

Forbes

OUR TAKEAWAY

As votes continue to be tallied, questions of how final election results will affect the cannabis industry remain. On balance, the lack of unified Democratic control may hinder many major reforms, but opportunities remain including passage of the SAFE Banking Act. While some results are still in question, one thing is clear from Election Night - all cannabis ballot measures passed by historic margins. American voters of all parties overwhelmingly support cannabis legalization.

Mississippi voters approve robust medical marijuana initiative over lawmakers' restrictive alternate

Marijuana Moment

OUR TAKEAWAY

An activist-led initiative to legalize medical cannabis in Mississippi faced a series of unique challenges ahead of the election but ultimately passed. Steve Hawkins, executive director of the Marijuana Policy Project, reflected on the results, “Just like we saw in the 2018 victory in Utah, Mississippi voters have proven that medical marijuana legalization is politically viable in even the most conservative states in the country.”

New York Governor says time is 'ripe' for marijuana legalization, and it'll pass 'this year'

Marijuana Moment

OUR TAKEAWAY

With New Jersey’s Election Night approval of cannabis, New York Governor Andrew Cuomo is getting ready for his own legalization push. He said, “I think this year it is ripe because the state is going to be desperate for funding” amid the coronavirus pandemic.

OUR TAKEAWAY

From the Halls of Congress: October 20, 2020

Election Day 2020 is finally upon us. In the closing days of this election cycle, plenty of uncertainty remains, but it is clear that the ballot box will impact the development of the cannabis industry far beyond November. With residents in five states voting on cannabis legalization measures this Tuesday, the results will be heard across the country - “from the Halls of Congress” in D.C. to the outer reaches of Montana’s Big Sky. The cannabis industry could be a big winner on Election Day: Given the economic woes caused by the coronavirus pandemic, more states are beginning to see that cannabis legalization could be part of the remedy. New Jersey is expected to approve recreational-use cannabis on Election Day, and some believe approval in New Jersey will trigger a domino effect along the East Coast.