Philadelphia voters approved a referendum on marijuana legalization. Preliminary results from Tuesday's elections showed the proposal leading by a 73 percent to 27 percent margin, according to local media.
Councilmember Derek Green (D) sponsored the measure that adds a section to the city charter stating that “the citizens of Philadelphia call upon the Pennsylvania General Assembly and the Governor to pass legislation that will decriminalize, regulate, and tax the use, and sale to adults aged 21 years or older, of cannabis for non-medical purposes,” reported Marijuana Moment.
In October, a bipartisan Senate bill to legalize marijuana in Pennsylvania was introduced by Sens. Dan Laughlin (R) and Sharif Street (D), while Rep. Amen Brown (D) announced his intent to file a reform bill that he’ll be working on with Sen. Mike Regan (R).
Pennsylvania's medical cannabis market has been one of the better success stories in the industry to date. By June 2021, the state had topped $900 million over a one-year period during the pandemic.
Recreational cannabis in Pennsylvania could bring 32,000 full-time jobs, $3.3 billion in annual sales, and $520 million in yearly tax revenue to the Keystone State, according to the cannabis platform Leafly.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Cannabis is evolving—don’t get left behind!
Curious about what’s next for the industry and how to stay ahead in today’s competitive market?
Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.
Secure your spot now before prices go up—this is where the biggest deals and connections happen!