IndustryDevelopments | International & State Mississippi The state Supreme Court struck down a medical marijuana legalization initiative that voters overwhelmingly approved last November, shattering a market that was potentially worth more than $250 million in its first year of operation. The loss is believed to mark the first time an MMJ initiative has been overturned after residents approved it at the ballot box. Mississippians passed the initiative at the polls in November by a nearly 3-to-1 margin. The court ruled that the MMJ initiative didn't meet the state's process for collecting signatures because of a change in congressional districts. Mississippi's secretary of state said he won't contest the decision. Montana Gov. Greg Gianforte signed a watered-down bill to implement a recreational marijuana market after months of lawmaker infighting over whether a voterapproved ballot measure should proceed. Some of the biggest changes include a three-month delay in the start of recreational marijuana sales, a new 35% THC potency cap for adult-use flower and an 18-month head start for existing medical marijuana companies over market newcomers. " I would use the word 'workable,' " said Misty Carey, a longtime Bozeman medical marijuana businesswoman. " It's not sexy, it's not easy, but it's workable. " DESIGNED FOR HIGH PERFORMANCE TRAYS & CONTAINERS * Drying * Storing * Growing * Processing 814-683-4500 * www.mfgtray.com 34 MJBizMagazine | July 2021http://www.mfgtray.com http://www.mfgtray.com