Supporters of a recreational marijuana ballot measure in California handed in more than 600,000 signatures, indicating the initiative is virtually assured of going before voters in November, local media reported.
Supporters amassed a comfortable cushion of signatures. The initiative needs 365,880 valid ones.
The measure, backed by tech billionaire Sean Parker, would legalize adult-use cannabis in the nation’s most populous state, opening countless opportunities for entrepreneurs wanting to serve the market directly or through ancillary services and products.
The campaign already has garnered a significant coalition of high-profile supporters, ranging from Lt. Gov. Gavin Newsom – who was on
CA Rec Cannabis Poised to Qualify for Ballot is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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CA Rec Cannabis Poised to Qualify for Ballot
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