Posted on 07/11/2017 2:17:56 PM PDT by 2ndDivisionVet
Last month I gave the keynote address at the Cannabis World Congress Business Expo in New York City. CWCBExpo is the trade show for the cannabis industry. I had the pleasure of meeting thousands of like-minded cannabis activists, and the experience was truly refreshing and inspiring on many levels.
I learned firsthand that those in the legal cannabis industry whether they're growing hemp, medical marijuana or recreational marijuana in Colorado or California or Oregon or wherever have formed a united front. Everyone at the convention was looking to work together to come up with solutions on how to get the federal government to move forward and embrace this industry, which has grown exponentially.
When it comes to economics, let me put the state of marijuana to you in this way: If Trump reverses state law, he'll be crippling if not bankrupting the states that have legalized marijuana. Not only will this action go against the will of the people who voted for legalized marijuana, this action will cause yet another economic collapse. And no, that isn't an exaggeration.
Over half of the states have now legalized marijuana in some way and multiple states are receiving millions, soon to be billions, in tax revenue from this industry. When those states no longer have this tax revenue coming in (tax revenue that is projected to increase steadily each year), where will that money come from?
Think about it this way: The auto industry was bailed out with roughly $80 billion from taxpayer money, but it is still here, and the industry was able to repay taxpayers overtime.....
(Excerpt) Read more at cnbc.com ...
A woman I knew left her kids and grandkids and split for CO as soon as the law passed.
Got no respect for dopers.
None.
They’re breaking “Federal law”. Just because it passed state after state, it’s still against federal law.
All Session has to do is enforce it, but he’s recused himself from that as well.
The vast majority of states with legal recreational pot voted for Hillary. Now would be a good time for a 10% National Sales Tax on marijuana.
Yes...Oregon is making it difficult to stay here...people who have assets and a bit of money will leave
Wait. Cripple states? Pot sales are that important in the budget? Lol! Dopers will say anything to protect their stinking weed.
Yep, that war on drugs sure stopped people from smoking that shit.
I hear Prohibition stopped all alcohol sales and drinking as well.
Trump has been extremely libertarian on issues like this.
I suspect he will just let things be, including the conflict between states and the Fed on MJ and drugs in general.
For some reason deaths from other drugs and alcohol continue to increase.
I think that every pot dealer, legal and illegal, should be required to provide free pot to anyone who uses it for medicinal purposes.
Do you give away your products or services for free?
Like the potheads say, “Legalize it and then tax the hell out of it.” If they slap a FEDERAL tax on it, we can really put a dent in the national debt. The Feds need to get on the “Tax the Hell Out of It” bandwagon.
For your interest.
If Trump reverses state law, he’ll be crippling if not bankrupting the states that have legalized marijuana.
BS California has had it for years and it’s still broke.
During the primaries candidate Trump said cannabis should be an issue for the states to decide.
I concur.
Yep, moving closer: http://www.freerepublic.com/focus/f-news/3567899/posts
I suspect he will just let things be, including the conflict between states and the Fed on MJ and drugs in general.
Trump isn't going to take anyone's marijuana away. Four years from now, there will be more states that have legal weed than there are today. The media is just running this to rile people up.
And if Jeff Sessions tries to do anything, Kamala Harris will yell at him again and he'll shriek and return to hiding under a table.
Article II, Section WTF?
Article II, Section WTF?
Soros didn’t alert you to the existence of the federal Controlled Substances Act?
What a surprise, Mr. “legal.” LOL
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