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Cannabis in Arizona is legal for recreational use.A 2020 initiative to legalize recreational use (Proposition 207, the Smart and Safe Act) passed with 60% of the vote.. Possession and cultivation of recreational cannabis became legal on November 30, 2020, with the first state-licensed sales occurring on January 22,
Cannabis businesses will no longer fall under Section 280E of IRS tax code, which prohibits businesses involved in the "trafficking" of Schedule I and Schedule II substances from deducting ...
Medical cannabis. Thirty seven of the United States regulate some form of medical cannabis sales despite federal laws. [12] As of 2016 seventeen of those states (Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, New York, Oklahoma, Oregon, Rhode Island, Washington, and Washington, D.C.) have at least one medical marijuana ...
Arizona Proposition 207 was a voter initiative that appeared on the November 3, 2020, Arizona general election ballot to legalize cannabis for recreational use.Passing with 60% of the vote, the initiative legalized the possession of up to an ounce of cannabis, licensed sales at dispensaries, and personal cultivation of up to six plants. [2]
Four of the five largest cannabis deals have crossed the billion-dollar mark.
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Timeline of Gallup polls in US on legalizing marijuana. [1]In the United States, cannabis is legal in 39 of 50 states for medical use and 24 states for recreational use. At the federal level, cannabis is classified as a Schedule I drug under the Controlled Substances Act, determined to have a high potential for abuse and no accepted medical use, prohibiting its use for any purpose. [2]
$160,000 can get you a lot of things: A nice car, a nice house, an education -- but Walter Earl Morrison didn't bother with any of that. Instead, he traded it for $20 worth of marijuana. Here's ...