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Colorado Cannabis CEO: It Was Probably Good that Ohio’s Issue 3 Was Defeated
  • USA - English


News provided by

WeedLife Network

Nov 12, 2015, 04:00 ET

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Kindman
Kindman

Denver, Colorado (PRWEB) November 12, 2015 -- The founder of one of Colorado’s largest and oldest recreational cannabis companies says last week’s failure of a controversial marijuana legalization proposal in Ohio should be a cautionary tale for other states considering their own cannabis legalization measures next year, during the 2016 election cycle.

On November 3 Ohio voters rejected Issue 3 by a nearly two-to-one margin. That measure would have legalized both the medical and recreational use of cannabis in the state.

This election showed how every state is unique and needs to pass an amendment that makes the most sense for that particular state’s current tax codes, policies, geographic region, economy and culture.

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But Issue 3 was unique among recent cannabis legalization measures. As Cincinnati.com noted it would have limited the cultivation of Ohio’s legal marijuana crop to 10 previously-chosen properties. And that structuring would have created what opponents of Issue 3 denounced as a marijuana monopoly.

Ryan Fox, CEO of Denver-based Kindman cannabis, says Ohio voters paid attention to how Issue 3 was written and ended up rejecting a flawed effort at cannabis legalization.

“I’m sure Ohio will legalize cannabis at some point in the near future,” he says, “But this election showed how every state is unique and needs to pass an amendment that makes the most sense for that particular state’s current tax codes, policies, geographic region, economy and culture.”

According to Bloomberg.com, at least five states are expected to have cannabis legalization measures on their ballots in 2016. With that in mind, Fox says voters should pay close attention to those initiatives and offer input into the drafting of any cannabis legalization proposals.

“All elections are chaos to some extent,” he says. “The advertising, the debates, all the pros and cons voters have to consider. It can make people lose sight of how important they can be; especially when it comes to factors like how they can impact the wording in an amendment to their state constitution. It’s the little things that can positively or adversely affect the state long-term, when it comes to cannabis legalization measures.”

Fox also suggests that states hunting for a successful example of cannabis legalization take their lead from Colorado, which will soon mark two full years with a fully legal cannabis industry.

“Look around! It’s really hard to find the negative setbacks,” Fox smiles. “When you introduce over a billion dollars into a state economy via legal marijuana, the effect of trickle-down economics takes over pretty quick.”

That being said, Fox acknowledges what has worked in Colorado might not necessarily succeed in other states. “That’s why it’s so important for states like Ohio and others that are working on their own amendment initiatives put the correct language in,” he adds, “to assure them of the same success that Colorado has experienced.”

ABOUT KINDMAN

Established in 2009, Kindman provides customers with an unmatched cannabis product – grown in Colorado state-regulated facilities at indoor locations, using a customized process that combines food-grade nutrients and a unique soil mix that brings out the plant's best features. Close attention is paid to product cleanliness, quality, curing and processing.

Since the January 1, 2014 start of legalized sales of recreational cannabis to adults in Colorado, Kindman has provided high-quality marijuana flowers to tens of thousands of customers from over 100 countries.

For more information, visit: http://www.mykindman.com/

Tags: Marijuana, cannabis, Ohio, Ohio election, Ohio marijuana legalization, Ohio Issue 3, marijuana monopoly, 2016 elections, 2016 marijuana ballots, politics, cannabis business, legal marijuana industry, legal cannabis industry, Ryan Fox, Kindman

Bruce Kennedy, WeedLife Network, +1 404-259-1231, [email protected]

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