Have you ever heard the expression ” Money doesn’t grow on trees”? Well, that may not be exactly true.
According to an article from CNBC, the Marijuana Industry in the United States is worth upwards of $40 billion. That’s a lot of money. However, that’s a lot of money that the government isn’t seeing.
For ages, the debate for the legalization of marijuana has raged on. In recent years there has been many attempts to pass laws that make pot legal. Just last year, Proposition 19 was shot down in California which would have legalized possession of marijuana. The report also showed that an estimated $16-$20 Billion in tax revenues would be generated. So the real question is, why is the public so reluctant to tap into the cash cow that is the Marijauna industry?
So the real question is, why is the public so reluctant to tap into the cash cow that is the Marijauna industry?
I believe that it is the fairly conservative views of most Americans that see Marijuana as an evil, narcotic substance. Many people are unaware of the healing properties that Marijuana possesses. This new revenue could be put towards many things that are needed such as roads, hospitals and schools.
I think that it’s time for everyone to sit back, light one up and watch the money grow.
