Colorado’s marijuana tax revenue has reportedly exceeded the tax revenue generated from the alcohol industry, despite rumors of a thriving marijuana black market. This post from High Times discusses the reasons responsible for the difference in tax revenue generated from marijuana and alcohol. The state of Colorado, which is considered the forefather of the fully legal ... Continue Reading
black market
Marijuana Legalization Coming to Ohio, But with a Big Issue
The excitement of marijuana legalization coming to Ohio, a politically and strategically important state, is getting overshadowed by a big issue. This post from Cheat Sheet reports how some real issues with the proposed Ohio law could lead to marijuana legalization going awry. In what could be a gigantic coup for marijuana legalization advocates, it appears Ohio might be the ... Continue Reading
10 Research-Backed Reasons for Legalizing Cannabis
In this post from Leafly, Lisa Rough puts up a case for legalizing cannabis with 10 research-backed arguments in its favor. For every responsible cannabis consumer out there, there’s a negative stereotyper who assumes that cannabis users are all “mad on the reefer” without taking into account the many positive arguments for legalization. Whenever you hear their claim that ... Continue Reading
Delaware House Lawmakers Decriminalize Marijuana Possession
In this article from USA Today, Jonathan Starkey reports that the bill for decriminalizing marijuana possession was approved by Delaware House lawmakers, and now heads to the Senate. Delaware House lawmakers on Tuesday approved legislation that would treat simple marijuana possession and personal use by adults like a traffic violation, replacing criminal penalties with civil ... Continue Reading
Legalized Marijuana Business Likely To Go Past $10 Billion in 2015 Alone
In this post from 24/7 Wall St., Jon C. Ogg analyzes the $10 billion estimate of legalized marijuana business in 2015 and suggests it might be too low. When new business segments start to reach $1 billion in annual sales, they often get noticed by new business and venture seekers. But when new business segments reach $10 billion in annual sales, let’s just say that venture ... Continue Reading