GrowLife Inc (PHOT)

[Intel]

The Portland vote doesn't help PHOT sell anything.

Portland isn't that big of a deal. Don't think they will be growing recreationally as everyone thinks. The maine mmj program licenses not-for-profit dispensaries so no green rush there.
it will not change the fact that you cannot grow for recreational purposes or MMJ for-profit. It only would eliminate criminal and civil penalties for possession.

"Question 1 on Tuesday’s ballot proposes an ordinance that would allow adults 21 and older to have up to 2.5 ounces of marijuana and paraphernalia in their possession without facing penalties, civil or criminal"
http://bangordailynews.com/2013/11/01/opinion/portlands-marijuana-vote-might-not-make-it-a-mile-high-city-yet/?ref=OpinionBox

"Dion said proponents are creating a false impression that passage would actually make the drug legal – so much that people have contacted him about ways to set up marijuana retail shops in Portland. But, he noted, it will remain illegal under state and federal laws.

Rather than promote Question 1 on a false premise, he said, proponents should admit the effort is nothing more than a political statement aimed at changing state and federal marijuana laws."

http://www.pressherald.com/news/Question_1_divides_Portland_delegation_.html


http://www.maine.gov/legis/lawlib/medmarij.html

"David Boyer, the Maine political director for the Marijuana Policy Project, said Question 1 demonstrates support for regulating and taxing marijuana at the state and federal levels. He conceded that it will not change state law, which supersedes local ordinances, but said passage would send a message to police that enforcement should be a lower priority."

http://www.pressherald.com/news/Question_1_divides_Portland_delegation_.html


"If the ballot measure passes, it will be largely symbolic because it won't override state and federal laws. Pot possession is a low priority for Portland police, but they'll continue enforcing state law, Police Chief Michael Sauschuk said. Besides, possessing 2.5 ounces or less of marijuana is already a civil offense under state law, where violators are issued a ticket and fined, he said"

http://www.huffingtonpost.com/2013/10/19/maine-marijuana-vote_n_4128914.html