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Home 🌿 Cannabis Technology News 🌿 If This Marijuana Initiative Becomes the Norm, Big Business Could Be in Trouble 🌿If This Marijuana Initiative Becomes the Norm, Big Business Could Be in Trouble
Marijuana has America seeing green in more ways than one.
The currently illicit drug has been gaining momentum at a rapid pace this decade with more than half of all respondents in national polls now offering a favorable opinion of marijuana. It's even pushed its way into the presidential debate spotlight, forcing the candidates to step into previously taboo territory and choose a position. Marijuana is also offering hope for medical patients with a variety of ailments in the 23 states where medical marijuana is currently approved.
But, marijuana also has state regulators seeing green -- as in dollar signs. Marijuana sales in Colorado, one of the first two states (along with Washington) to legalize recreational marijuana in 2012, topped $100 million per month during the summer, and Colorado voters in November approved Proposition BB, which will siphon a good chunk of tax revenue generated from retail sales back into...
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