Thursday, September 01, 2016

Legal cannabis revenues deliver major economic boost

The Marijuana Policy Project in the USA has been researching legal sales revenues for cannabis.
In the report, Arcview found that the legal marijuana market grew from $4.6 billion in 2014 to $5.7 billion in 2015, while also projecting that the 2016 market will be $7.1 billion. This incredible growth is the result of enacting new state-level marijuana laws, mostly driven by MPP.
These results must cause fiscal conservatives and prohibitionists some discomfort as it becomes more and more obvious that their ideology robs the public purse and makes their beloved tax cuts less feasible. Wedged and on the wrong side of history!

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