Why it matters: The Eastern Band of Cherokee Indians in North Carolina is considering a ballot referendum in September to legalize recreational cannabis. If approved, the tribe’s marijuana sales would be open to any adult over the age of 21, regardless of tribal membership. This could strengthen the tribe’s monopoly on marijuana sales in the state.
What they are saying: The tribal council has approved a ballot question for the September election to allow members to vote on legalizing marijuana possession and sales. The tribe’s medical marijuana program, which opened to North Carolina residents in June, would serve as a foundation for the recreational sales. The tribe has already grown $25 million worth of cannabis.
The big picture: The Eastern Band of Cherokee Indians, with around 14,000 members, initially decriminalized marijuana possession in 2021 and became the first to supply cannabis in North Carolina through its medical marijuana program. If the ballot referendum is approved, it would create a stronger foothold for the tribe’s marijuana sales in the state, especially since state legislation for a medical program is unlikely to pass.
What to watch: Watch for the results of the September ballot referendum. If it passes, it would allow the Eastern Band of Cherokee Indians to sell recreational cannabis to any adult over 21, potentially expanding their market and revenue. Also, keep an eye on the progress of state legislation for a medical marijuana program, as it could impact the tribe’s monopoly on marijuana sales.
My take: The potential legalization of recreational cannabis by the Eastern Band of Cherokee Indians signifies a significant development in the marijuana industry in North Carolina. If approved, it would create a unique situation where the tribe can sell marijuana to any adult over 21, regardless of tribal membership. This could provide economic benefits to the tribe and potentially influence the state’s stance on marijuana legalization. However, the progress of state legislation should also be monitored, as it could intersect with the tribe’s plans.