Political Oddsmakers Give Advocates Reason to be Optimistic.

There is unprecedented support for marijuana legalization, and advocates say the midterm elections could mark the point of no return for a movement that has been gathering momentum for years. You can find the latest information on legislative efforts here at the Green Market Report in our Bill Track tab.

Political oddsmakers at MyBookie.ag agree. Currently, the online betting site favors pro-marijuana initiatives to pass in several states on the November ballot, including ultra-conservative Utah.

Many are calling these elections the “tipping point” for cannabis, with 4 states going to vote on major cannabis laws, and cannabis measures showing up on local ballots across states. As an example, California itself, which legalized cannabis recreationally earlier this year, will still have 82 ballot measures across the state related to cannabis.

If voters in all four states approve, 2018 will conclude with 32 medical marijuana states and 11 that allow recreational cannabis for adults. This would add even more to the movement for national reform, applying significant pressure for the repeal of federal prohibition.

These elections are pretty monumental, actually, because for the first time Millennials will surpass Baby Boomers as the largest generation eligible to vote. There are 8 million more voters eligible in the USA to vote now than there were when President Donald Trump was elected to office. Young voters are said to be what can tip the election, as long as they get to the ballot box.

It’s been just six years since Colorado and Washington became the first states to legalize marijuana, but in that short time, seven other states and the District of Columbia have followed. On top of that, the entire country of Canada legalized use last week.

Below are odds for each state with initiatives on the November ballot courtesy of MyBookie.ag.

Adult Use:

Will Michigan legalize recreational Marijuana before 2020?

Yes       1/2 (-200)

No        8/5 (+160)

Will North Dakota legalize recreational Marijuana before 2020?

Yes       1/4 (-400)

No        3/1 (+300)

Medical:

Will Missouri remove restrictions on medical marijuana before 2020?

Yes       1/2 (-200)

No        8/5 (+160)

Will Utah remove restrictions on medical marijuana before 2020?

Yes       4/6 (-150)

No        11/10 (+110)

 

Betting Glossary: Favorites (likely winners) have the minus (-) number which correlates to payout. For example, -200 means you’d need to wager $200 to win $100. Conversely, plus (+) numbers are for underdog bets and have higher payouts because they are less likely to happen, +160 means you’d win $160 with a $100 wager.

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