The “barrier to entry” in the pot world, is exceedingly low.
Once legal, everyone and his brother will be growing it in their back yard. There will be no more “marijuana industry”.
Nothing to tax, anymore than they tax the tomatoes grown in my garden.
This should be fun to watch.
Invest in hydroponics and grow lights.
“Once legal, everyone and his brother will be growing it in their back yard.”
That was what I thought would happen.
However, .gov has created state regulated monopolies with high taxes for “legal” marijuana.
This is a total joke.
What matters in the real world is how they treat the “home grown” stuff—if they decriminalize it then it is de facto legalization—otherwise it is not.
That still may vary by state and by community—no matter what the feds do.
Tell that to Philip Morris or R.J. Reynolds.