Marijuana Could Have a Surprising Economic Impact, New Report Shows
Yesterday we witnessed the release of Batman vs. Superman: Dawn of Justice, a highly anticipated movie depicting an unstoppable force and the proverbial immovable object. But what many people might overlook is that we've been witnessing a real-life battle for years beyond the confines of the movie theater between a seemingly unstoppable force known as marijuana, and the federal government which has maintained its position as the immovable object.
The real-life unstoppable force and immovable object
Marijuana has grown by veritable leaps and bounds since it was first approved by Proposition 215 in California all the way back in 1996. Today we can count 23 states as having legalized the drug for medical purposes. Additionally, since 2012 four states (Colorado, Washington, Oregon, and Alaska) have legalized the sale of recreational marijuana. The result, at least for some recreation-legal states, has been explosive growth.
In Colorado, marijuana sales totaled $996 million...
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