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People keep leaving financial services for the legalized cannabis industry
e-financial careers ^ | August 10, 2017 | Dan Butcher

Posted on 08/10/2017 8:06:07 PM PDT by 2ndDivisionVet

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1 posted on 08/10/2017 8:06:07 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet; TheStickman; dainbramaged; beaversmom; Drew68

For your interest.


2 posted on 08/10/2017 8:11:44 PM PDT by KC_Lion (If you want on First Lady Melania's, Ivanka Trump's or Sarah Palin's Ping Lists, just let me know.)
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To: 2ndDivisionVet

I keep wondering when the gangs that controlled the drug trade will start fighting back


3 posted on 08/10/2017 8:15:23 PM PDT by FatherofFive (Islam is EVIL and needs to be eradicated)
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To: 2ndDivisionVet

Well, somebody has to run the business end of things. In places where marijuana is legal, businesses are legitimately legally operating. I’m sure there are some good job opportunities available.


4 posted on 08/10/2017 8:16:17 PM PDT by Dilbert San Diego
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To: 2ndDivisionVet

When are we going to enforce our laws?


5 posted on 08/10/2017 8:18:26 PM PDT by raiderboy
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To: raiderboy

State or Federal?


6 posted on 08/10/2017 8:19:22 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

So I guess we are going to start seeing the opposite of the Reefer Madness movie, a movie that shows all the wonderful benefits of smoking dope. The 420 ads will be a sight to see.

“Light up a doobie, you got a good thing going.”

“Sinsemilla smokers would rather fight than switch.”

“You’ve come a long way baby to get where you to today, you’ve got your own cannibis now baby, you’ve come a long long way.”


7 posted on 08/10/2017 8:20:24 PM PDT by HerrBlucher (For the sake of His sorrowful passion have mercy on us and on the whole world.)
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To: 2ndDivisionVet

Looks like the commies might win after all. The amount of drugs Americans take is insane. Legal and illegal. Widespread marijuana use will bring about a populace without motivation. Good for the Lays company though. And Dominoes.


8 posted on 08/10/2017 8:27:17 PM PDT by Seruzawa (FABOL - F*** A Bunch Of Liberals)
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To: raiderboy

You mean the one that says the Federal Government has no authority to prohibit a substance without a Constitutional Amendment?


9 posted on 08/10/2017 8:29:54 PM PDT by Wolfie
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To: Seruzawa

“Widespread marijuana use will bring about a populace without motivation. Good for the Lays company though. And Dominoes.”

I see it a a great opportunity for those with drive and a good work ethic.


10 posted on 08/10/2017 8:34:48 PM PDT by Clay Moore (MAGA)
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To: Dilbert San Diego; All

Except, and it’s a big except, the money can’t legally be introduced into the banking system because it’s derived from federally (unconstitutional) illegal activity.

That makes for everything being on a cash basis, and there’s a lot of that. On a security basis, you definitely want to be in the states with the most 2A friendly environment because you’re definitely going to need to be carrying!


11 posted on 08/10/2017 8:44:06 PM PDT by Axenolith (Government blows, and that which governs least, blows least...)
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To: raiderboy

Stop leaking on the Tenth Amendment.


12 posted on 08/10/2017 8:45:33 PM PDT by Ken H (Best election ever!)
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To: 2ndDivisionVet

If I remember correctly, the best brand names for MJ were all trademarked about 40 years ago.


13 posted on 08/10/2017 8:52:20 PM PDT by Ruy Dias de Bivar
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To: Axenolith

More jobs in the security industry.


14 posted on 08/10/2017 8:53:47 PM PDT by TigersEye (0bama. The Legacy is a lie. The lie is the Legacy.)
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To: Ruy Dias de Bivar
If I remember correctly, the best brand names for MJ were all trademarked about 40 years ago.

"No Stems, No Seeds that you don't need....Acapulco Gold is......*pssssssssssss*........badass weeeeeeeed!"

15 posted on 08/10/2017 8:55:04 PM PDT by dfwgator
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To: FatherofFive
I keep wondering when the gangs that controlled the drug trade will start fighting back.

They have moved on to other pursuits, human trafficking, hard drugs, etc.

16 posted on 08/10/2017 9:11:55 PM PDT by gunsequalfreedom
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To: 2ndDivisionVet
ok, which is it ? 24.5 bn by 2025 of 35 bn by 2021 ?

The number of jobs that the cannabis industry... will grow from $7.2bn last year to at least $24.5bn by 2025.

“...spur more growth in the cannabis industry that is expected to reach $35bn in size by 2021, which means more companies will emerge to address consumer and patient demand.”


I think it will be closer to 100 bn by 2025. Most states haven't even looked at it and the taxes generated are humongous
17 posted on 08/10/2017 9:32:16 PM PDT by stylin19a (Lynch & Clinton - Snakes on a Plane)
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To: Ken H

The tenth amendment is dead.


18 posted on 08/10/2017 10:15:45 PM PDT by raiderboy
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To: stylin19a

The entire beer industry is not $35 billion dollars in the US.

Cigarette sales in the US are about $80 billion.

I find it difficult to believe that with the amount of legal confusion, limited distribution or product (Compared to the previous categories.) and no doubt a number of issues that will exist where illegal pot is competing with legal pot that you will see a $35-100 billion market inside of 8 years.

Why?

The current TOTAL estimated market for legal and illegal pot in the US is only $46 billion. (This from INC magazine.)

So unless there’s a good chance that not only will there twice as many people willing to buy legal pot as are buying illegal pot and are willing to pay a premium on existing market rates..... there will be no $100 billion marketplace for pot in 8 years.


19 posted on 08/11/2017 12:05:51 AM PDT by PittsburghAfterDark (The American media: We do what the Soviet media did without the guns to our head.)
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To: PittsburghAfterDark
thanks. maybe 100 bn in 8 years is ambitious but Colorado has underestimated sales every year.

Just for Colorado:
Colorado has gained a half a billion in taxes in 3 & a half years.
Tax collections for pot exceed tax collection for alcohol starting in 2015.
It went over 1.3 billion in sales for 2016 alone for legal (rec and medical) pot sales
They are currently averaging 100 million a month in sales for 2017.
Not bad for a state with a population of about 5.5 million

The other states are looking at this tax revenue. I can't imagine the amount of sales if they all jump on this bandwagon The only hitch is, it's still illegal at the Fed level. If the Feds see the states collecting all these taxes, don't be surprised to see the Feds try and get a piece of this action also,

20 posted on 08/11/2017 12:39:42 AM PDT by stylin19a (Lynch & Clinton - Snakes on a Plane)
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