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Washington D.C. Votes Overwhelmingly to Legalize Cannabis

Ryan Allway

November 5th, 2014

News, Top Story

Washington D.C. is poised to join Colorado and Washington State in legalizing adult-use marijuana after backing Initiative 71 at the voting booths. With voters backing the bill 7-to-3, the initiative will permit anyone over the age of 21 to legally possess as much as two ounces of marijuana and to grow up to three marijuana plants at home, unless the next Congress takes action to block it.

The district has faced a number of challenges with its marijuana policies over the past several years. For instance, 88% of those convicted of marijuana possession in the nation’s capitol were black, despite surveys showing that whites and blacks are equally likely to use the drug. The district’s arrest rate for marijuana was also higher than any of the 50 states and ranked 7th nationally among counties.

Many marijuana advocates are hoping that the efforts to bring legalization to the doorstep of the nation’s leadership will help effect change everywhere. With cannabis still illegal on a federal level, the industry has faced a lot of challenges with issues like legalized banking access. These issues have led to increased crime rates and a host of other problems that could be avoided with a federal legalization.

The alternative scenario is that Washington D.C. remains largely the same without the proliferation of shops seen in cities like Denver, Colorado. Congress could also react negatively, which is what they did back in 1998 after voters passed a measure allowing medical marijuana dispensaries. At that time, Republicans used amendments to federal budget bills for 11 years to keep from enacting the law.

In the end, the move at least shows the growing and robust support for legalized marijuana in the United States. The legalization of adult-use marijuana in the nation’s capitol could also be instrumental in helping pave the way for federal legalization of the substance.

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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About CFN Media Group

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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