4/20: The Blunt Truth About Marijuana & Taxes

Warning message

The subscription service is currently unavailable. Please try again later.

There was a time when the term 4/20 drew either blank stares or giggles. The term, which refers to marijuana, has become more mainstream in recent years and April 20, once considered a counterculture holiday, is actually trending on Twitter. The reality is that marijuana doesn’t have the same taboo as it did before. That’s largely thanks to legalization.

Today, twenty-three states and the District of Columbia currently have laws legalizing marijuana for either medical or recreational use. States which allow marijuana for medical use include Alaska, Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont and Washington – as well as the District of Columbia. Four states have legalized marijuana for recreational use including Alaska, Colorado, Oregon and Washington.

While states have been busy rewriting their laws to legalize marijuana...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.

URL: 
http://www.forbes.com/sites/kellyphillipserb/2015/04/20/420-the-blunt-truth-about-marijuana-taxes/