Ohio might soon legalize the recreational use of cannabis for adults. A research study shows that cannabis legalization will up your property value and billionaire Charles Koch is putting $25million toward lobbying for federal cannabis legalization.
Ohio gets its first recreational legislation proposal
and a new study shows that cannabis legalization increases property values
This is Lo with Veriheal keeping you up to date with the latest in cannabis news.
If you were scared that marijuana legalization would decrease your home value, worry not!
A new study by Clever Real Estate used data from Zillow, and the US Census among others to explore the relationships between residential property value and cannabis legalization.
The report found that cannabis legalization leads to higher property value
Further, recreational states that add retail dispensaries see better gains than states that limit use to medical only.
Some key takeaways from this study discovered that:
So, if you’re in the market to buy a home, definitely consider looking into a state with legal cannabis.
Next in news, Ohio might soon be one of the next states to consider legalizing recreational cannabis
State Reps. Casey Weinstein and Terrence Upchurch introduced a new bill to decriminalize cannabis, and also create a regulatory infrastructure
The measure proposes legalizing up to five ounces for possession for adults 21 and older, allows up to 12 plants for home cultivation as well as expungement for prior cannabis convictions
Upchurch stated, “ This bill is more than just about legalization, it’s about economic and workforce development, it’s about decriminalization, and it’s about healthcare! The time is now, and I look forward to getting this done in a bipartisan fashion.”
So, if you’re in Ohio, stay tuned!
Federal cannabis legalization might finally have a substantial financial backing
Billionaire Charles Koch, the CEO of Koch Industries who is known for funding various libertarian and republican causes, recently announced that he’d be putting $25 million of his $45 billion fortune toward helping influence cannabis legalization
In an interview for Forbes, he stated, “It should be the individual’s choice. Prohibition is counterproductive. It ruins people’s lives, creates conflict in society and is anti-progress. The whole thing never made sense to me.”
While the uncertainty remains for Sen Schumer’s federal legalization proposal, will Charles Koch be the hero that sways the much needed Republican vote?
Let us know your thoughts!
So go ahead and like this video and give us a follow at Veriheal for the latest in cannabis news
Thanks for watching!
In 2018, former President Donald Trump signed the Farm Bill into law. The Farm Bill is the federal government’s primary agricultural and food policy instrument. Every five years, Congress deals with renewing and revising the comprehensive bill. Before 2018, cannabis was not part of the conversation around farm subsidies or crop insurance. With the passing…
Four U.S. states—Minnesota, Ohio, Oklahoma, and Pennsylvania—stand a good chance at legalizing recreational cannabis this year. There’s also a slim chance of efforts being successfully voted on in the Carolinas, Indiana, and New Hampshire. Advocates are pushing harder for cannabis reform after achieving mixed results during last year’s midterm elections, which saw two victories (Missouri…
Thursday, Jan. 26, 2023, will be a date to remember for cannabis lobbyists in Greece because, on this day, the first-ever medicinal cannabis production plant was inaugurated at Examilia in Corinth. Drizzled in seaside charm, Corinth is renowned for its ancient Roman remains and now claims the limelight as a medical marijuana production hub. Tikun…
Nobody wants to spend time with paranoid Pete, but if you don’t choose your cannabis strains wisely, you could get flung into a portal of paranoia yourself. Funnily enough, a recent Marist poll found that almost a third of cannabis users in the U.S. use marijuana to ease anxiety or stress. A separate Marist poll…
Oklahomans’ cannabis vote ended on a sour note, a Canadian dispensary is facing backlash over cocaine sales, and Arizona law students are offering free expungement services. Let’s dive into this week’s cannanews. Oklahomans Vote on Cannabis Legalization Earlier this week, Oklahoma voters had a big decision to make on the ballot. Question 820 asked Oklahomans…
We’ve all been there. You take too many hits from a joint or too much of a potent edible, possibly not knowing…
Despite being far from new, psychedelic therapy is an avenue of medicine that is gaining more traction these days. Many people believe…
Cannabis patients’ right to own a gun has been in question since cannabis legalization kicked off. Despite the fact that consumers of…