Saturday, 17 November, 2018

Pot Stocks Surge on Heels of Midterm Election Results

Marijuana legalization on the ballot in four states Michigan Voters Legalize Marijuana
Elsie Buchanan | 08 November, 2018, 02:23

Unlike precedents set by other states' legalization efforts, North Dakota's Measure 3 didn't touch regulation and possession limits. The official vote total is 2,285,364 in favor of legalizing recreational marijuana in MI.

Medical marijuana has been legal in MI since voters approved its use in a 2008 ballot initiative. Following in Colorado's footsteps, the proposal will allow adults 21 and over to purchase and possess weed, and will tax cannabis products.

In Missouri, there were three measures related to the legalization of medical marijuana.

OH was the most recent state to legalize medical weed through a ballot initiative in October, and Vermont became the first state to bypass the polls entirely by legalizing recreational cannabis through its state legislature in January. Its proposal also levies a 10 percent sales tax on pot sales. Although North Dakota won't be legalizing recreational marijuana this midterm election season, cannabis companies in the United States and Canada rallied on new market opportunities in MI and what appears to be a shift in public perception about the drug. Colorado voters passed their initiative on November 6, 2012 and had to wait a month until a new state amendment went into effect on December 6, 2012, making marijuana officially legal in Colorado.

Barcelona coach, Valverde provides latest update on Messi's injury
Now, they sit four points clear at the top of La Liga and head to Italy on the back of five wins on the bounce. Here's how to watch Inter versus Barcelona online.


Adding two more states with medicinal marijuana would mean nearly 70 per cent of Americans could have access to the drug for that goal. Sales there, estimated to start in 2020, could grow to as much as US$1.7b in the coming years, according to the trade publication Marijuana Business Daily.

Michigan, having legalized medicinal use of the drug in 2008, became the tenth state to effectively legalize its recreational use as well Tuesday thanks to a voter-pushed Michigan ballot item in the us midterm elections.

"I started to see that this was a lifetime chance because this is a massive shift where you know there are consumers who use this product and now that it was legal the market could be even larger", he said, adding that he expects that Canadian cannabis companies such as his own will eventually expand into the US once marijuana becomes legal. When Gallop began polling Americans about the marijuana legalization in 1969, just 12 percent of respondents supported the issue. A Gallup poll found that 72 percent of Democrats and 51 percent of Republicans support legalization. They ultimately voted yes on Amendment 2, and no on the other measures.

In Florida, 63 percent voted to pass a measure that restores voting rights to 1.5 million former convicts.

Recommended

  • Celebrities throw weight behind Stacey Abrams in Georgia race

    Celebrities throw weight behind Stacey Abrams in Georgia race

    Oprah is in Georgia , supporting Stacey Abrams' bid to become the first female African-American governor in us history. He's banking on running up wide margins outside metro Atlanta and holding most of the GOP votes closer to the city.
    Samsung’s most innovative Android phone ever will be unveiled this week

    Samsung’s most innovative Android phone ever will be unveiled this week

    This is not the first hint from Samsung about a possible sneak peek at the upcoming foldable phone, though. The official moniker for Samsung's foldable smartphone remains unknown.
    NFL Skins, Heavy AR, Team Terror LTM, And More

    NFL Skins, Heavy AR, Team Terror LTM, And More

    Players can buy and customize up to eight in-game outfits in the Battle Royale Item Shop starting on Friday, Nov. 9 at 4 p.m. If you spot a gold monster or monster spawner, focus your file upon it, as those drop Legendary items when destroyed.
  • In Historic Move, Florida Approves Automatically Restoring Voting Rights To Felons

    In Historic Move, Florida Approves Automatically Restoring Voting Rights To Felons

    In 2016, 21 percent of African-Americans were disenfranchised, according to The Sentencing Project . Florida has voted in favor of restoring felons' voting rights automatically on Tuesday night.
    Lowe’s to close 2 stores in IL , 1 in Indiana

    Lowe’s to close 2 stores in IL , 1 in Indiana

    He likes the company's "honed focus", as Lowe's cuts its losses and doubles down on improving its highest-potential stores. To provide an "an orderly wind-down", Lowe's intends to conduct store closing sales for most of the locations.
    Apple cancelled the additional production of iPhone XR due to poor demand

    Apple cancelled the additional production of iPhone XR due to poor demand

    However, the update also brought the Performance Management for the battery to iPhone 8 , iPhone 8 Plus and the iPhone X . Tied to this is the unexpected news that demand of the previous-generation iPhone 8, which Apple still sells, has jumped.
  • Godolphin runner Cross Counter wins 2018 Melbourne Cup

    Godolphin runner Cross Counter wins 2018 Melbourne Cup

    The Melbourne Cup was again been marred by the death of a horse on Tuesday, this time the Irish-trained The Cliffsofmoher . While several races were pushed back at the start of the day, the event was able to catch up towards the end of the day.
    Tyson Chandler Agrees To Buyout With Suns, Will Sign With Lakers

    Tyson Chandler Agrees To Buyout With Suns, Will Sign With Lakers

    Chandler had a game-winning alley-oop dunk for the Suns in a game previous year as time expired, so he knows exactly how its run. He was a one-time defensive player of the year, as well as an All Star during his three impressive years with the Knicks.
    Arsenal vs. Liverpool - Football Match Report

    Arsenal vs. Liverpool - Football Match Report

    Milner unsurprisingly tops the pile for this particular statistic, which is unlikely to be challenged anytime soon. Arsenal were held to a 1-1 draw against Liverpool at the Emirates Stadium on Saturday in the Premier League.
  • Ariana Grande debuts new single

    Ariana Grande debuts new single "thank u, next": Stream

    She also references all her exes, including Mac Miller (R.I.P.), thanking them for teaching her love, patience, and pain. Davidson gets a mention in the song along with her late ex Mac Miller , whose real name was Malcolm McCormick.
    Lara Trump: Vote Red to Keep President's Success Going

    Lara Trump: Vote Red to Keep President's Success Going

    Three states could elect their first African-American governors, while several others were running LGBT candidates and Muslims. Ahead of the results, United States stocks closed higher, with the benchmark S&P 500 Index ending the day at a two-week high.
    Ted Cruz Defeats Beto O’Rourke in TX Senate Race

    Ted Cruz Defeats Beto O’Rourke in TX Senate Race

    Throughout the race, major polls showed Cruz leading O'Rourke by a few percentage points. Once he made it to Texas, Triumph started out by talking to the O'Rourke camp.

Most Britons back staying in EU Most Britons back staying in EU Justice Secretary David Gauke warned that a no-deal Brexit would be bad for the UK. And the survey results will not help her.

Khashoggi's sons have faith Saudi king will find truth Khashoggi's sons have faith Saudi king will find truth Turkey is looking for the person, who ordered the killing of journalist Jamal Khashoggi on its soil, he said. Without the body, the family can not conduct a proper burial or move past the disappearance.

U.S. to give 8 countries oil waivers under Iran sanctions U.S.  to give 8 countries oil waivers under Iran sanctions He also referred to the United States announcement that it will issue temporary waivers to 8 countries for importing crude oil. Falahatpisheh said the waiver represents the market value of Iranian oil.

Apple spruces up Macs, iPad Pros and raises prices Apple spruces up Macs, iPad Pros and raises prices The 11-inch iPad Pro begins at $799 for 64GB, before climbing to $949, $1,149, and $1,549 for 256GB, 512GB, and 1TB, respectively. The 2018 lineup of iPad Pro does not come in gold or rose gold (we've filed a radar about it), but you're not completely lost.

All Blacks Attend England Vs South Africa Game Unbeknownst To RFU All Blacks Attend England Vs South Africa Game Unbeknownst To RFU Farrell smashed into the South African fullback, dislodging the ball which was picked up by England and then punted out of play. South Africa coach Rassie Erasmus opted to go down the sarcasm route when asked for his opinion.

Amazon Throws Curveball Near the End of HQ2 Saga Amazon Throws Curveball Near the End of HQ2 Saga In total, Amazon received proposals from 238 cities past year and reduced the list down to 20 finalists in January. Today's report comes after a whirlwind of rumored activity on Amazon's HQ2 decision process this weekend.

Darren Fletcher: 'Paul Pogba not disciplined' Darren Fletcher: 'Paul Pogba not disciplined' It was something in training. "We know what Paul Pogba is capable of and Marcus Rashford has the pace to cause anyone problems". He needs these two days to see.

10-year-old accused of killing baby boy at Wisconsin daycare 10-year-old accused of killing baby boy at Wisconsin daycare Temporary representation was with him for his court appearance again Tuesday, and CNN has reached out to the attorney for comment. The local Girl Scout group consisted of 12 persons (5 adults and 7 children) who participating in a highway cleanup project.

Xherdan Shaqiri to miss Liverpool trip to Belgrade Xherdan Shaqiri to miss Liverpool trip to Belgrade The Reds were top of the group heading into the tie and had the chance to extend their lead over Napoli and Paris-Saint Germain. Last season's runners-up are now top of Group C and one point clear of Napoli at the midway point of the group stage.

Fierce campaigning on closing day of Georgia governors race Fierce campaigning on closing day of Georgia governors race But even the policy debates have played out as much as cultural identity battles as they have nuanced debates over policy details. The Georgia outcome is among the most closely watched of any midterm contest for reasons beyond Abrams' race and gender.

Central Pa. voter guide: Sample ballots, candidate interviews and comparisons Central Pa. voter guide: Sample ballots, candidate interviews and comparisons More than 165,400 Oklahomans already have voted in this general election through the three-day early voting period and by mail. Early voters in Texas now surpassing the state's total turnout from 2014; insight from GOP strategist Justin Wallin.

Man killed in shark attack in Australian tourist spot Man killed in shark attack in Australian tourist spot The last shark attack in the Whitsunday Islands before this Australian spring's spate, occurred on February 13, 2010. The victim was taken by helicopter to the Mackay Base Hospital, 100km to the south, where he died.

Trump presidency faces high stakes in midterm elections Trump presidency faces high stakes in midterm elections If the Democrats have to gain control, they have to win 40 seats more than what they did in the last mid-term poll in 2014. Democrats were buoyed by a wave of Republican retirements and an overwhelming fundraising advantage.

Driver was huffing before crash that killed 4 Driver was huffing before crash that killed 4 Another group of girls and an adult chaperone were on the other side of the road shoulder at the time of the crash. Sergeant Dan Sokup says one victim was air lifted to the hospital and one victim was taken by ambulance.

"Iran will bypass illegal" U.S. sanctions - Rouhani Besides China, Greece, India, Italy, Turkey, South Korea, Taiwan and Japan get US sanctions waivers for Iran oil imports. President Donald Trump to curb Iran's missile and nuclear programmes and diminish its influence in the Middle East .