Tomorrow is a big day for the Cannabis industry as voters in four states head to the polls. North Dakota and Michigan have full legalization on the ballot, while Utah and Missouri will consider medical marijuana.
The Trump administration was seeking public comment on marijuana reform, and we can expect to hear about a potential shift in federal policy before Spring. We remain optimistic that President Trump will stick to his word and remove Marijuana as a Schedule I drug.
For now, a federal overhaul on cannabis will likely follow the path of Right To Try. Numerous states took the initiative to pass their own versions of what is now federal law. It is looking like marijuana will have to start with a majority of the states approving some sort of program- whether it be medical or full legalization, before Congress will act.
The results of tomorrow’s election should give us some clues into future marijuana legislation on the horizon in 2019.