Why it matters: This article highlights the fundraising efforts of two groups involved in the push to legalize adult-use cannabis in Ohio. The Coalition to Regulate Marijuana Like Alcohol raised significantly more funds than the opposition group, Protect Ohio Workers and Families, ahead of the general election.
What they are saying: The Coalition to Regulate Marijuana Like Alcohol raised over three times the amount of money compared to Protect Ohio Workers and Families. The coalition received substantial donations from the Marijuana Policy Project as well as Ohio cannabis companies and affiliates. Ohio voters are set to decide on adult-use cannabis and other issues next week.
The big picture: Ohio could become the latest state to legalize adult-use cannabis if Issue 2 is passed. The proposed law would allow adults aged 21 and older to possess and purchase cannabis. Despite opposition from Ohio Governor Mike DeWine, support for the issue is gaining traction among voters.
What to watch: The outcome of the general election in Ohio will determine whether adult-use cannabis will be legalized in the state. If passed, Ohio would join numerous other states and territories that have already legalized cannabis. The fundraising efforts of the Coalition to Regulate Marijuana Like Alcohol highlight the financial resources behind the push for legalization.
My take: The significant fundraising advantage of the Coalition to Regulate Marijuana Like Alcohol suggests strong support for the legalization of adult-use cannabis in Ohio. The funds raised will likely be used for advertising and lobbying efforts to further sway voters. The outcome of the election will have implications for the cannabis industry in Ohio and could serve as a testament to changing attitudes towards cannabis legalization.
