Seattle’s first and only recreational marijuana store had to close on Friday after running out of stock in just three days since Washington became the second U.S. state to allow pot sales to adults.
For the rest of us (besides Colorado), what a pity! I cannot even imagine having a store that sells pot muchless having the issue of running out of stock! 😀
However, even if I wanted to get involved in the selling of pot, I would have to be rich.
Currently, getting a license costs anywhere from $60,000 to $500,000 so that means
i am out of the running.
Florida could use the extra income from marijuana. If we can get approved the medical marijuana bill, then 60 to 500 million in tax revenue could be achieved.
The more states that approve this new crop could change the world of drugs.
All of the cartels will have to figure out something different to stay in business.
Marijuana users could see substantial savings due to marijuana legalization, as prices could fall by up to 100 times, perhaps freeing up some cash to spend on other things.
Marijuana growers account for $14 billion a year in sales in California, making it the state’s most valuable cash crop,
It’s estimated that illegal marijuana is a $36 billion industry in the U.S
n 2011, Colorado pulled in $5 milllion in sales taxes from medical marijuana businesses
Economist Stephen Easton estimated in 2010 that legal marijuana could be a $45 to $100 billion industry,
So why not get a new industry rolling that will not only help the state’s economy but all of us pot lovers? Do you have an opinion on this?