Cannabis Ballot Initiative Surfaces in Mississippi for November Elections
Ryan Allway
October 1st, 2014
Policy, Top News
Mississippi for Cannabis recently filed to place a ballot initiative on the November 2016 election ballot in Mississippi. The petition’s organizer, Kelly Jacobs, made the filing on Monday with the Secretary of State’s satellite office in Hernando.
“Now we are waiting for official approval from the Mississippi Secretary of State, and the Attorney General which will include a ballot initiative number and the official format for the collection of signatures,” said Jacobs to the Clarion-Leger. “The Mississippi Legislature also has the option to adopt our ballot initiative, but that is unlikely.”
The ballot would permit adults to grow up to nine cannabis plants for personal, private use, as well as gift or barter the cannabis without taxation. Adults would also be permitted to own as much as they wish and use as they wish – just like alcohol and cigarettes – although it must be kept away from minors.
City and county governments would collect a $25.00 or greater fee for residents, if 10 or more cannabis plants were grown. A 10% tax would also be implemented, which would be put toward school budgets.
If the petition is approved, Mississippi for Cannabis would have 12 months to collect 110,000 signatures necessary for the measure to be added to the ballot. The specific details of the legalization ballot may also invite debate, but supporters say that at least a conversation about legalization will have begun.
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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