PWC News
Saturday, May 2, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Backer of effort to end adult-use marijuana sales in two states revealed

Home Business
Share on FacebookShare on Twitter


Hashish reform’s sworn enemy is claiming credit score for the quests to finish adult-use marijuana gross sales in Maine and Massachusetts, the place within the latter state signature-gatherers are allegedly resorting to misleading ways.

Sensible Approaches to Marijuana, a Washington, D.C., area-based anti-legalization group, is contributing “multi-million-dollar help” to voter initiative campaigns that, if profitable, would finish a mixed $1.8 billion in annual hashish gross sales, its founder and president claimed final week.

State-level adult-use hashish legalization campaigns have had blended success in previous years, with voters rejecting adult-use pushes in Oklahoma in 2023 and Florida final 12 months.

However by no means have state voters or lawmakers had second ideas and rolled again adult-use or medical marijuana legalization.

That may change if voter-initiative campaigns in Massachusetts, the place signature-gathering is underway, and in Maine, the place the state lawyer normal cleared petitions to start, are profitable.

If handed, hashish would stay authorized for adults however medical hashish can be the one authorized gross sales channel.

Annual hashish gross sales exceed $1.6 billion in Massachusetts and are approaching $300 million in Maine, based on state knowledge.

Who’s behind campaigns to finish adult-use marijuana gross sales in Massachusetts and Maine?

Republican Occasion-affiliated political operatives with the Coalition for a Wholesome Massachusetts have declined to say who’s paying for the dear signature-gathering marketing campaign – and with marketing campaign finance filings nonetheless not due, that data shouldn’t be publicly out there.

Wendy Wakeman, a spokeswoman for the marketing campaign, once more declined to determine supporters throughout a short phone interview on Tuesday.

However on Thursday, just a few hours after President Donald Trump signed an govt order that, when fulfilled, will downgrade hashish’ standing beneath federal regulation, SAM co-founder and President Kevin Sabet claimed to be behind the campaigns.

“Now, in the present day, for the primary time, I can even announce our multi-million-dollar help for 2 grassroots campaigns to finish marijuana gross sales and commercialization in Maine and Massachusetts,” Sabet mentioned in a video posted to X.

“We nonetheless have the facility to take again our public well being.”

SAM didn’t reply to an e mail in search of remark.

Darkish cash, allegedly misleading ways behind anti-legalization effort

With marketing campaign finance types not but filed, it’s nonetheless not identified precisely how a lot money SAM is devoting to the causes.

SAM’s backers have lengthy been a contentious topic of hypothesis within the hashish advocacy world.

SAM Motion, a 501(c)4 affiliate of the group, lately claimed to have spent in extra of $100,000 on tv advertisements urging Trump to not reschedule hashish.

Critics level out that Inner Income Service reporting guidelines enable 501(c)4 organizations to cover their donors.

In Massachusetts, marketing campaign staff stand accused of trying to deceive voters into signing the petitions.

Nevertheless, such ways are First Modification-protected exercise, courts have discovered.



Source link

Tags: adultusebackereffortmarijuanaRevealedsalesStates
Previous Post

Samsonite plans new factory after Nashik plant expansion

Next Post

Baking cookbooks boomed in 2025

Related Posts

Former Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders | Fortune
Business

Former Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders | Fortune

May 1, 2026
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule works
Business

PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule works

May 1, 2026
Check Point Software Technologies Ltd. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:CHKP) 2026-04-30
Business

Check Point Software Technologies Ltd. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:CHKP) 2026-04-30

May 1, 2026
Bank of America resets Microsoft stock forecast after earnings
Business

Bank of America resets Microsoft stock forecast after earnings

May 1, 2026
UPI clocks ₹314 lakh crore transactions in FY26, marks 10 years of growth
Business

UPI clocks ₹314 lakh crore transactions in FY26, marks 10 years of growth

April 30, 2026
Beilinson Hospital receives record donation for cancer research
Business

Beilinson Hospital receives record donation for cancer research

April 30, 2026
Next Post
Baking cookbooks boomed in 2025

Baking cookbooks boomed in 2025

The Path Forward for the United States – 2GreenEnergy.com

The Path Forward for the United States – 2GreenEnergy.com

Adani Ports Raises FY26 Guidance After Completing NQXT Australia Acquisition

Adani Ports Raises FY26 Guidance After Completing NQXT Australia Acquisition

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

The Inverse Head and Shoulders Textbook Has a Rule Backwards | Investing.com
Market Analysis

The Inverse Head and Shoulders Textbook Has a Rule Backwards | Investing.com

by PWC
April 30, 2026
0

The Inverse Head and Shoulders is likely one of the most generally taught bullish reversal patterns in technical evaluation. Bulkowski’s...

Powell’s Final Act: Rates on Hold as Fed Chair Prepares to Exit | Investing.com

Powell’s Final Act: Rates on Hold as Fed Chair Prepares to Exit | Investing.com

April 30, 2026
Tech Sector: Creative Destruction Is Speeding Up With AI Shift | Investing.com

Tech Sector: Creative Destruction Is Speeding Up With AI Shift | Investing.com

April 27, 2026
Amit Shah vows to implement UCC, end ‘goonda raj’ in Bengal if BJP comes to power

Amit Shah vows to implement UCC, end ‘goonda raj’ in Bengal if BJP comes to power

April 26, 2026
Trial opens over foiled attack on Taylor Swift’s Vienna concert By Reuters

Trial opens over foiled attack on Taylor Swift’s Vienna concert By Reuters

April 28, 2026
Tata Steel shares jump 2% to fresh record high: What’s driving the gains?

Tata Steel shares jump 2% to fresh record high: What’s driving the gains?

April 28, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.