Credit: Shutterstock photoInvestorPlace - Stock Market News, Stock Advice & Trading Tips
A new bit of marijuana news is that Oklahoma is now among the 30 states in the U.S. that allows the legal use of medical marijuana.
Source: Shutterstock
The change was made by voters on Tuesday during Oklahoma's midterms. The result of the vote was 57% in favor of the new law and 43% standing against it. The change will allow doctors to prescribe patients medical marijuana for any reason they see fit.
The new laws in Oklahoma will allow those with special state IDs to carry up to three ounces of the drug on them at a time. They can also have another eight ounces at home. The law will also let them grow six mature plants and six seedlings at home.
Oklahoma's new marijuana laws also dictate other weed products that citizens are allowed to keep in their homes. This includes allowing up to 72 ounces worth of edible products infused with the drug and one ounce on the drug in concentrated form, reports Fortune .
Oklahoma legalizing medical marijuana has it joining a growing list of states that support the drug for medical use. They are as follows.
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Hawaii
- Illinios
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Montana
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- Vermont
- Washinton
- West Virginia
There are also a few states that allow for the recreational use of the drug.Tourism to these states to take part in marijuana has been growing. To meet this demand, there are now several hotels that allow customers to take cannabis during their stay. You can learn more about that marijuana news at this link .
More From InvestorPlace
- 3 Bank Stocks on the Brink
- 7 Stocks That Could Take a Trade-War Hit
- iQIYI: Don't Believe the Scary Picture Show in IQ Stock
- The 10 Best Stocks to Invest In Right Now
As of this writing, William White did not hold a position in any of the aforementioned securities.
The post Marijuana News: Oklahoma Becomes 30th State to Legalize Medical Marijuana appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
