The dream of legal recreational cannabis in Florida may have gotten closer in August when activists filed the paperwork to place a marijuana legalization initiative on the 2024 ballot.
If we could all snap our fingers and make cannabis legal on the federal level, the industry would still face funding issues from risk-averse investors, according to Charlie Alovisetti of the cannabis law firm Vicente Sederberg LLP.
Missouri is poised to become the 20th state to legalize adult-use cannabis after activists in the Show Me State submitted more than double the signatures needed to bring the initiative to a vote in November.
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