Following the endorsement by Alaska voters of Ballot Measure 2 in November, marijuana consumption is scheduled to become legal for adults aged 21 and older beginning Feb. 24. The Alcoholic Beverage Control Board has within nine months from that date to adopt regulations governing marijuana-related entities and then regulate the newly-formed industry.

Currently in Alaska, the possession of an ounce or less within the privacy of one’s home is legal. Outside the home, use or display of any amount or possession of an ounce or less of marijuana is a Class B misdemeanor punishable by up to 90 d...