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Ohio Sec of State certifies marijuana ballot initiative

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I think it will pass, but it probably will not change much. Assuming it does pass, does that mean one would be able to buy it legally and it will be taxed?

 

If that's the case, I know that everyone I know who regularly smokes pot will continue to buy underground since it will (in theory) be cheaper.

 

I doubt it will be exorbitantly more expensive. I think people will be willing to pay a small amount more for convenience, options, and not needing to worry about catching a charge.

I think it will pass, but it probably will not change much. Assuming it does pass, does that mean one would be able to buy it legally and it will be taxed?

 

If that's the case, I know that everyone I know who regularly smokes pot will continue to buy underground since it will (in theory) be cheaper.

 

I have not read anything on Ohio's tax structure, but I assume it will be substantially similar to Colorado. Colorado imposes three (3) separate taxes, which are as follows:

 

Recreational marijuana is subject to a 10% state pot tax, 2.9% state sales tax & 15% excise tax plus any local sales taxes.

 

Medical marijuana is taxed at a lower rate, since you must have a medical card (which I think costs $15). The medical marijuana is subject to a 2.9% state sales tax and any local sales taxes.

 

If you'd like to read more, click this link for details: https://www.colorado.gov/pacific/tax/marijuana-taxes-quick-answers

 

I have read articles about Colorado's legalization which revealed the State did not meet its projection for pot tax revenue. Some of that was due to the accessibility of getting a medical card (i.e. pay $15 application, get one MD visit, and then buy medicinal marijuana without the other taxes). Another reason the State failed to meet its projection was due to people continuing to purchase from the black market; however, the State still brought in over $76 million.

 

http://www.thecannabist.co/2015/02/10/colorado-pot-tax-44-million-recreational-taxes-2014/29510/

 

In Colorado, the public schools earned $13.6 million alone in the 1st five (5) months of 2015 (January through May).

 

Colorado's pot-funded school tax sets record, tops 2014 totals

Where does the horse racing industry stand on it?

 

The horse industry has no dog in this fight. Those who manufacture and distribute legal intoxicants in Kentucky, however, definitely want to prevent it.

The horse industry has no dog in this fight. Those who manufacture and distribute legal intoxicants in Kentucky, however, definitely want to prevent it.

 

It was a casino joke.

Heard on the news this morning that Attorney General Mike Dewine went to Colorado and returned less than impressed. Supporters of Issue 3 claim that Dewine went to Colorado looking to confirm an agenda. According to the pro-legalization crowd, Dewine didn't even make an effort to meet with the people he should have. I haven't heard anything from Dewine himself, so not sure what problems he identified.

Ohio voters overwhelmingly voted against Issue 3, so marijuana will not be legalized in Ohio this year. It appears the biggest problem voters had with the initiative is that it creates a monopoly (technically an oligopoly), rather than a free market. I suspect a similar initiative, hopefully with less business restrictions, will appear on the ballot in 2016.

Ohio voters overwhelmingly voted against Issue 3, so marijuana will not be legalized in Ohio this year. It appears the biggest problem voters had with the initiative is that it creates a monopoly (technically an oligopoly), rather than a free market. I suspect a similar initiative, hopefully with less business restrictions, will appear on the ballot in 2016.

 

Or they may try to with just medicinal marijuana to start.

Does anyone know the exact way this was worded on the ballot? I heard some reports about the wording being very confusing.

Ohio voters overwhelmingly voted against Issue 3, so marijuana will not be legalized in Ohio this year. It appears the biggest problem voters had with the initiative is that it creates a monopoly (technically an oligopoly), rather than a free market. I suspect a similar initiative, hopefully with less business restrictions, will appear on the ballot in 2016.

 

It just seemed like such a bizarre way to handle it, especially by making it a constitutional amendment. I read a comment last night that said "I mean, if you had to legalize 'beer' by voting for Budweiser, would you vote yes?"

 

I think marijuana is very close to the legalization tipping point and once it gets over that pinnacle it will cascade everywhere. Maybe this will be a lesson to future legalizers.

I've seen dozens of commercials and radio ads about this. Did not vote, so I cannot say for sure what the ballot said, but from the exposure to ads and commercials I can conclude that:

 

If voted yes, Issue 3 would allow for the medicinal and recreational use of marijuana.

If voted yes, Issue 2 would not allow for monopolies/oligopolies, making Issue 3 (legality of recreational cannabis) illegal.

 

This clears it up pretty nicely (What happens if both anti-monopoly Issue 2 and pro-marijuana Issue 3 pass? - newsnet5.com Cleveland) :

 

Issue 3 would legalize marijuana in Ohio with a commercial industry supplied by 10 predetermined growing sites. Issue 2 says that structure of growing sites and investors is illegal.

 

Citizen-initiated amendments like Issue 3 take effect 30 days passage.

 

Legislature-sponsored proposals like Issue 2 are made law immediately.

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Does anyone know the exact way this was worded on the ballot? I heard some reports about the wording being very confusing.

 

I have heard the same thing, the legislature carefully worded it to confuse people, and there were questions if it was even able to be placed on the ballot.

 

Hopefully we can find the exact wording for this thread.

2 things.

 

1. How is it a monopoly if you allow 10 growers?

2. I heard Nick Lachey owns a farm that would be one of the 10 growers. Not sure if that is true.

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