In the Emerald Triangle, marijuana is increasingly filling the gap left by other failing industries like lumber and fishing; with the crash of the economy, it’s little wonder that the government seem to be having a major rethink about cannabis prohibition.
In Windsor in Colorado, the town’s three medical marijuana dispensaries appear to be on track for a combined sales of $1.72 million in 2010.
Today the California state Assembly are looking at whether marijuana prohibition should be replaced with a system of regulation and taxation. Watch the proceedings live: California State Assembly Marijuana Regulation Hearing
While California has found itself in a mound of debt within the past year, the only logical solution on many peoples’ minds is to increase the taxes on medical marijuana. With the increased debate over this measure occurring over the past few months, last week saw the overwhelming support leading to the approval of the [...]
California are debating a tax on medical marijuana, around $50 per ounce. Make is legal and the tax man takes in around $1.3 billion and saves millions in not having to police it anymore. Indeed this will happen over time as it has with alcohol, gambling and tobacco. Its a win win situation and we [...]
