Colorado May Not Get to Keep Its Marijuana Money After All

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The marijuana industry appears to be blooming, and the American public tends to have a more favorable view of the currently illicit drug with each passing year.

In the most recent Gallup poll, slightly more than half of all respondents (51%) offered their opinion that they'd prefer to see marijuana legalized across the board. If we're speaking strictly about medical marijuana and the possible benefits it could offer to the terminally ill, or those with chronic medical conditions such as glaucoma, the approval rating soars even higher. A Quinnipiac University poll of swing states Pennsylvania, Florida, and Ohio showed medical marijuana approval ratings ranging between 84% and 88%.

Legalizing marijuana could offer benefits to both consumers and individual states (or even the federal government). States can potentially utilize tax revenue to fund projects within their budget, or even use it to ensure that government-based jobs stay secure. For the consumer,...

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URL: 
http://www.fool.com/investing/general/2015/06/13/colorado-may-not-get-to-keep-its-marijuana-money-a.aspx