Submitted by Fuego1050 t3_yiklfn in wallstreetbets

https://www.npr.org/2022/10/31/1132346329/pot-marijuana-cannabis-vote-missouri-maryland-arkansas-north-south-dakota

Voters in five states, including four that are among the most conservative in the country, are deciding on whether to legalize recreational marijuana this election. If passed in each state, Arkansas, Maryland, Missouri, North Dakota and South Dakota would join 19 other states and the District of Columbia where cannabis has already been legalized for personal use.

All except Maryland backed Donald Trump in the 2020 presidential election, underscoring that the legalization effort increasingly spans the political spectrum and is even gaining support in some of the most overwhelmingly Republican parts of the nation.

A recent poll from Monmouth University shows 68% of the American public supports legalizing the possession of small amounts of marijuana for personal use. The support crosses gender, age, income and education differences, polling shows. In addition to the 19 states that have legalized personal recreational use, 37 states now allow pot for medical purposes.

"The more people learn about cannabis and cannabis policy, the more we see them support making cannabis legal and regulating it and treating it like alcohol," says Mason Tvert a partner at the marijuana policy and public affairs firm VS Strategies. "This is an issue that is broadly supported by Americans of all political stripes, conservatives and progressives," he says.

All initiatives are likely to be approved - INCREASING TAM for MSOS Like

TRULIEVE, VERANO, GREENTHUMB, CURALEAF, CRESCO LABS

Position Trulieve 40k @19Cad

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slackerdc t1_iuj4a6q wrote

The big catalyst will be it being removed from Schedule 1. That will free up access to banking for these compainies.

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VisualMod t1_iuj3itd wrote

>I agree, the passage of these initiatives is likely to increase demand for MSOs like Trulieve, Verano, GreenThumb, Curaleaf and Cresco Labs.

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MyPeePeeReversed t1_iuj4e21 wrote

Lol yes this is the most pressing issue in voter minds

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VisualMod t1_iuj3i3m wrote

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>TL;DR: The legalization of recreational marijuana is gaining support from Americans of all political stripes, with initiatives likely to be approved in five states this election. This would increase the TAM for MSOs like Trulieve, Verano, GreenThumb, Cresco Labs, and Curaleaf.

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BrowardDom954 t1_iuj9kfs wrote

I'm not a Conservative. Although I voted for Biden, this administration is a circus and caused me to take a step back and evaluate things.

If Conservatives would adjust their positions on Marijuana and Abortions, I think a lot of people like me would flat out flip sides. I'll be voting Republican/Conservative, not because I consider myself one, but I just don't jive with today's Democrats. They're nuts.

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slopolis t1_iujcxdn wrote

Independent. Stop participating in flip sides of the same coin

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