Big tobacco truly was “too big to fail”
The settlement money is an ongoing gravy train for states. The numbers are huge.
But I think marijuana will remain “Small Marijuana” because business people will learn from what happened with tobacco. There will be too much risk with a large consolidated grass supply company.
I tend to agree, if only because of the way the tax law reads. The article stated that cost of production (growing it) can be deducted like any normal business, but any other overhead (salesmen's salaries, administration, brick and mortar) are NOT deductible, because the product is a class I controlled substance. It's to the owner's advantage to keep his worker's hands in the soil, rather than behind a desk (or sales counter). Limited administration and minimal sales floor space implies a small company...