MJBizMag October 2022 - 42

RACE FOR REFORM
Key business details: The text of
House Bill 1 decriminalizes marijuana
for adult use.
If voters approve the measure,
lawmakers will need to establish rules
and regulations for a commercial
cannabis market.
The law would require the General
Assembly to " provide for the use,
distribution, possession, regulation
and taxation of cannabis within
the state. "
MISSOURI
Proponent: Legal Missouri 2022
Initiative: Missouri Marijuana
Legalization Initiative 2022
Type of initiative: Constitutional
amendment
Expected sales start: To be determined.
Key business details: Medical
marijuana operators would be able to
convert their licenses to serve medical
and adult-use markets.
The law would be effective 30
days after the election. Within 300
days of the effective date, regulators
would use a lottery system to issue
16 microbusiness dispensary and 32
microbusiness wholesale licenses
across the state to low-income
residents, people living in high-poverty
communities, disabled war veterans
and those convicted of nonviolent
marijuana offenses.
An additional 96 microbusiness
licenses meeting the same criteria
would be phased in over the next
18 months.
A 6% retail sales tax would be
imposed, plus an optional 3% local tax.
The Oklahoma Medical Marijuana Authority would oversee an adult-use market if
State Question 820 is successful.
A North Dakota
initiative would
allow sales to
begin in 2023.
An individual or organization may
not hold an ownership position in more
than one manufacturing operation
or four stores, or more than one store
within 20 miles of another.
NORTH DAKOTA
Proponent: New Approach North
Dakota
A constitutional amendment in Missouri
would legalize adult-use sales.
Initiative: Legalization of Cannabis
Type of initiative: Statute
Expected sales start: To be determined.
Regulators would be required to
implement the program no later than
Oct. 1, 2023.
Key business details: Licensing would
be done through a competitive process
based on specific criteria.
Up to seven manufacturing
(cultivation and processing) licenses
would be awarded.
Up to 18 retail licenses would
be issued.
42 October 2022 | MJBizMagazine
OKLAHOMA
Proponent: Oklahomans for Sensible
Marijuana Laws backed by Washington
DC-based New Approach PAC
Initiative: State Question 820
Type of initiative: Statute
Expected sales start: To be determined.
Key business details: The Oklahoma
Medical Marijuana Authority would
license and regulate the recreational
marijuana industry.
Five types of licenses would be
issued: grower, processor, dispensary,
transporter and marijuana testing
facility.
Local governments could regulate
the businesses but could not limit or
prohibit them.
Marijuana sales would be taxed at 15%.
https://www.legalmo22.com/initiative https://www.legalmo22.com/initiative https://www.sos.ok.gov/documents/questions/820.pdf https://www.newapproachnd.org/measure

MJBizMag October 2022

Table of Contents for the Digital Edition of MJBizMag October 2022

MJBizMag October 2022 - 1
MJBizMag October 2022 - 2
MJBizMag October 2022 - 3
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