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55% of California Voters Support Legalization

Ryan Allway

March 30th, 2015

Policy, Top News

California is set to become a key battleground state ahead of the 2016 Presidential Election season, when it could become the most populous state in the union to legalize adult-use marijuana. According to a state-wide PPIC poll released last week, 55% of likely California voters believe that “the use of marijuana should be legal”, suggesting that the legalization efforts could see success this time around.

The 55% figure is the highest support ever recorded in a statewide poll for the legalization of marijuana. By demographic, African Americans (69%), whites (64%), democrats (63%), and independents (57%) were the most likely supporters, while republicans (44%), Latinos (42%), and Asians (39%) accounted for the majority of the opposition to these measures to change marijuana policy.

California rejected a similar measure back in 2010 that sought to allow the personal cultivation and commercial sale of cannabis in a 47% to 54% vote against the measure. With the legalization of adult-use marijuana in several other U.S. states, including Colorado, Washington State, Alaska, and Oregon, voters may be a lot more comfortable with legalizing the drug with the established precedent.

In Colorado and Washington State, legalization has already produced millions of dollars in tax revenue – numbers that would be amplified several times in a state as large as California. These revenues could be diverted to measures designed to keep the drug out of the hands of children and ensure safety on the roads, while also helping fund a number of other public works programs.

In addition to California, Arizona, Maine, Massachusetts, Michigan, Missouri, and Nevada are expected to put the issue of regulating the sale of marijuana onto the ballot during the 2016 election season.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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