Cannarex: Marijuana

Marijuana Business Industry

http://mtvernonwamarijuana.soup.io/

http://mtvernonwamarijuana.soup.io/

According to the study of private company Bloomberg, legalizing marijuana in United State could bring as much as $120 Billion a year, though realistically fall closer to $35 billion to $45 billion. The taxes that the government will earn will fall to $25 billion or more. Compared to tobacco and cigarette industries it`s generates $17 billion federal tax revenue. Based on the study on November 2009 Standards and Poor`s industry report the tobacco and cigarette industries generated $263 billion combined sales. That`s why the government is pressured in legalizing marijuana since it will generates money, although there stance is still marijuana drug can create serious mental health issues – despite reports by Drug Policy Alliance that cannabis is less harmful than alcohol and tobacco.

http://mtvernonwamarijuana.soup.io/

http://mtvernonwamarijuana.soup.io/

In Canada the use of medical marijuana has been legalize over the past ten years with strict guidelines, recently it lessened the hold on marijuana production for medical uses by allowing RCMP certified indoor marijuana farms. Since its illegal in America, American firms are partnering with the local Canadian resident who is certified in producing medical marijuana products and once that the Congress approved the legalization of marijuana they can bring it to the United State. Californian firm Medbox is starting to put up a cannabis vending machine in Canada enabling people to get their medicine easily and once that it`s legal in America they hoped to bring it there.

http://mtvernonwamarijuana.soup.io/

http://mtvernonwamarijuana.soup.io/

The majority of the Americans have favored the legalization of marijuana product; in fact the support of legalizing pot has been increased by 10% putting pressure to the government to legalize it. Legalizing marijuana will saved the government money by arresting, arraigning, and imprisoning people for possession.

http://mtvernonwamarijuana.soup.io/

http://mtvernonwamarijuana.soup.io/

Colorado and Washington State are already making money in cannabis industry, so it won’t be too long before the United States as a whole will as well. As government officials get used to the idea, you should do as many of the companies reaching out to Canada are doing – get prepared to make money from what could soon be one of the biggest industries in America.

http://mtvernonwamarijuana.soup.io/

http://mtvernonwamarijuana.soup.io/