Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!


Missouri voters set to weigh in on recreational marijuana

A campaign to legalize recreational marijuana in Missouri gathered enough signatures to make it on the November ballot, the secretary of state announced Tuesday.

Republican Secretary of State Jay Ashcroft also said a proposal to allow ranked-choice voting failed to collect the roughly 170,000 voter signatures from six of the state’s eight congressional districts to get on the ballot.

Top 5 CBD Oil Brands for 2022

If voters approve the constitutional amendment on marijuana, those age 21 and older could buy and grow it for personal consumption as early as this year.

Missouri voters approved medical marijuana use in 2018. Efforts to allow recreational marijuana use have failed to pass Missouri’s Republican-led Legislature for years, prompting advocates to go to voters for approval instead.

Recreational marijuana is already legal in 19 states, and legalization proposals are on the ballot this fall in South Dakota and Maryland. Supporters are also trying to get measures on the ballot in Arkansas, North Dakota and Oklahoma.

Backers of the Missouri ballot proposal are highlighting a provision that would erase past marijuana-related convictions for nonviolent offenders and those whose conviction didn’t include selling to minors or driving while high.

Top 5 CBD Oil Brands for 2022

Local NAACP chapters, the American Civil Liberties Union of Missouri, criminal defense lawyers and other civil rights advocacy groups endorsed automatic expungement, and it could broaden support for the initiative among Republican criminal justice advocates. Seven other states with legal recreational marijuana have also adopted automatic expungement policies.

Marijuana sales would be taxed at 6% under the Missouri measure. The tax is estimated to bring in more than $46 million during the first full year the amendment is in effect and close to $70 million the following year. Revenues would be earmarked for veterans’ homes, drug treatment programs and public defenders.

Cities and other municipalities could enact local sales taxes on recreational marijuana up to 3% or enact local bans on non-medical marijuana sales by a public vote.

Missouri voters set to weigh in on recreational marijuana


About Cannin.com: Your Marijuana Stocks Resource

Cannin is your #1 resource for marijuana stocks. Our global team of experts evaluates all emerging marijuana stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best marijuana stock investments for 2021. 

Use Cannin as your resource for:

Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Many market analysts expect the legal marijuana industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in marijuana stocks is now. 

Are you interested in marijuana stocks like Curaleaf, Trulieve, Aurora Cannabis, or Charlotte’s Web,?

Are you looking to buy stock in marijuana companies for 2021? Interested in emerging penny marijuana stocks? Looking for the best Canadian marijuana stocks to invest in? We can help.

Predict price movements of marijuana stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +34% Gains in 2022
  • +56% Gains in 2021
  • +30% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading marijuana stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best marijuana stocks – we’ll show you how at cannin.com.