Cannabis Advocates Praise Billion Dollar Market, Yet Afraid Of Big Business

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Summary

Most recently, Marlboro-maker Philip Morris said that it is watching the pot market to see where it fits in. There’s also the novelty factor associated with the cannabis market. In other words, if states need a new revenue stream, legal weed is the ticket. Marijuana brings big money to those states willing to legalize. This is the message cannabis advocates have been preaching for years, and they take every opportunity to praise it as a selling point.

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Although the amount of money spent on marijuana in this country is impressive, why do advocates act so surprised when they see reports that continue to show an uprising of pot profits with each passing year?

Marijuana brings big money to those states willing to legalize. This is the message cannabis advocates have been preaching for years, and they take every opportunity to praise it as a selling point. 

Some of the latest numbers prove that the sale of cannabis products is poised to become one of the largest, tax-generating inebriation markets in the United States. A new study from the Marijuana Policy Project finds that around $7.9...

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