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View Full Version : Morning Roar: Wealthy Elites Paid $40 Million for Exclusive Rights to Grow Marijuana in Ohio




Suzanimal
03-24-2015, 07:27 AM
It appears that momentum is building in Ohio to make it the fifth state to legalize marijuana for recreational use. However, the proposed amendment to legalize the plant is shrouded in controversy, as many pro-marijuana advocates are outraged over benefits the investors behind the amendment are set to receive if it passes in this November.

Two months ago, in an installment of The Morning Roar, I explained the key differences between legalization proposals brought forth by two separate groups in Ohio. For a detailed breakdown of the differences, please read the article, but if you’re short on time I’ll provide a brief summary.

The group that is backed by wealthy investors in named ResponsibleOhio. The first few items in their amendment are easy to support, allow pot use by adults over the age of 21 and legalized medical marijuana for minors with their parents’ consent. If they stopped there it wouldn’t be a bad amendment, but the amendment goes on to outline the regulations for commercial growth of marijuana in the state. The proposal advocates cartelizing the growing by restricting grow sites to ten that are owned by the very same investors who are bankrolling ResponsibleOhio’s efforts. The amendment would allow adults to grow up to four plants if they acquire permits, but these individuals would only be allowed to keep the marijuana for personal use.

There is another proposal that has been circulated by Responsible Ohioans For Cannabis. Their proposal would not cartelize the industry, rather would make it legal for anyone over the age of eighteen to produce, cultivate, possess, transport, distribute, or consume as much marijuana as they please.

Unfortunately, ResponsibleOhio’s effort continues to gain momentum. The Ohio Ballot Board approved their proposed amendment last Friday. Now the only remaining hurdle to ballot access is 306,000 signatures. And with the amount of resources flowing into the group’s coffers they should not have an issue obtaining the signatures.

Cincinnati.com reports on the wealthy investors who are in the process of buying a protected stake in the marijuana trade.

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Keep reading http://lionsofliberty.com/2015/03/24/morning-roar-wealthy-elites-paid-40-million-for-exclusive-rights-to-grow-marijuana-in-ohio/

surf
03-24-2015, 11:03 AM
where I live the pot law is the worst in the nation (or 46th worst if you include the states that have not partially decriminalized it). in spite of government induced supply/price/product etc. problems, the market is trying to adapt. prices suck.

the legislature will be tasked with making this clusterf#ck of an initiative "better," and currently there are two bills that would allow home grows.

if Ohio allows voter approved initiatives to be amended by the legislature, this may not be so bad.