Florida Voters Reject Proposal to Legalize Medical Marijuana

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Florida Voters Reject Proposal to Legalize Medical Marijuana Voters in Florida rejected a proposal to legalize medical marijuana statewide on Tuesday following a barrage of advertisements that claimed the bill was full of loopholes.

According to the Associated Press, the bill-known as Amendment 2- didn’t sail through after it failed to meet the 60 percent threshold. The ballot initiative had 57 percent backing, with 90 percent of the voting precincts having announced their results on Tuesday night.

The initiative had attracted millions of dollars in funding on both sides as each side tried to convince voters to either vote for or reject the proposal. Anti-medical marijuana campaigners used at least $6.2 million in order to promote their message that the bill was full of loopholes that may result in marijuana being used for purposes other than medical ones.

Las Vegas casino billionaire Sheldon Adelson supported the opponents by contributing most of the finances to the Drug Free Florida Committee that supported the Vote No on 2 initiative.

In forums across Florida, it seemed that supporters of the medical marijuana looked set to win, with supporters outnumbering opponents in various events. Opinion polls also seemed to back this fact, though for some time.

People United for Medical Marijuana, which spearheaded the United for Care campaign in favor of Amendment 2, used at least $6.5 million to try to convince voters to support the proposal. Its key financier was trial lawyer John Morgan, of Morgan and Morgan law firm.

California was the first state to have medical marijuana declared legal in 1996. It was later followed by District of Columbia and 22 other states. To register for a free 2-week subscription to ForexMinute Premium Plan, visit www.forexminute.com/newsletter.

To contact the reporter of this story; Jonathan Millet at john@forexminute.com