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Election predictions for the cannabis sector

Cannabis legalization goes up for a vote on November 8th for 5 states. Arkansas, Maryland, Missouri, and North Dakota citizens will vote on the legalization and sale for adult use, while South Dakota asks whether possession of cannabis should be legal for adults but wouldn’t establish retail sales. If these measures pass it would mean nearly half of Americans would live in states with legalized cannabis for adult use. Harry Brelsford of the CannaTech Group sits down with Paul Seaborn to chat about election predictions for the cannabis sector.

New York Cannabis Regulations

New York passed recreational cannabis legalization in 2021 after years of debate. With medical cannabis being available since 2014, New Yorkers are still waiting for regulations and applications to open for cultivators, processors, and retailers. Although many are actively waiting for applications to open, it looks like they may have to wait a little longer, as During an event in Yonkers, one of New York’s top cannabis regulators said the state wouldn’t be accepting cannabis industry applications until next year, shifting the anticipated timeline from this fall. Watch as Harry Brelsford speaks with Paul Seaborn about what is going on in New York City and what they anticipate for the future.

More and more states are legalizing recreational use of cannabis

More and more states are legalizing recreational use of cannabis. On April 21st, recreational use of cannabis was legalized throughout New Jersey, allowing anyone 21 or older to legally purchase marijuana. After taking a backseat to the West Coast, the Northeast (New York, New Jersey, and Connecticut) are jumping on board with a combined population of 33 million are thought to become the Cannabis capital. Harry Brelsford sits down with Paul Seaborn to discuss which states are coming on board, and what each states rules will be.