Indiana could become the next US state to legalize medical and adult-use cannabis if Democratic candidate Jennifer McCormick is voted in as governor.
In a statement made today (Thursday September 12), McCormick unveiled a comprehensive plan to legalize medical cannabis, with aims of transitioning to a full adult-use market at a later date.
She suggested her proposals reflect the will of Indiana voters, and asserted that her plan takes the ‘common sense approach by first introducing a well-regulated medical marijuana industry, allowing us to address potential regulatory challenges and ensure a smooth transition to well-regulated and legal adult-use cannabis’.
Under McCormick’s proposals, a new independent regulatory body, the Indiana Cannabis Commission, would be founded to oversee licencing, safety and compliance within the industry.
A medical cannabis industry would be the priority, with plans to establish a framework in a phased approach, which would seek to learn lessons from neighboring states and allow regulatory challenges to be addressed before moving to adult-use legalization.
Alongside plans for a clear pathway to a full adult-use market, McCormick would also seek to regulate the flourishing intoxicating hemp industry, which is causing growing controversy across the country.
She goes on to suggest that her plan would bring an estimated $172m in annual tax revenue for the state, which could be put towards supporting public services.
There have been numerous attempts to legalize cannabis in Indiana, but these have invariably been shot down by the Republican controlled General Assembly.
“Indiana is an island of prohibition surrounded by states with legal cannabis industries,” she noted.
“By taking a responsible, phased approach, we can ensure that our state is prepared for full adult-use legalization while immediately providing relief through medical marijuana.”
The post Democratic Candidate Unveils Plan For Cannabis Legalization in Indiana appeared first on Business of Cannabis.
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