Posts Tagged recession

How Much Could the Government Make Off Pot? (Graphic)

In the midst of the worst recession since the Great Depression, many have pointed to increased legalization or decriminalization of marijuana as being an untapped resource for taxation, and a source of new small business growth and employment.blog.turb…

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Marijuana laws spur small businesses in Oakland, elsewhere

An incremental acceptance of medical marijuana has spurred a cottage industry of business ventures — from iPhone applications to lobbyists — whose expansion shows no sign of slowing despite the recession. Instead, pot is the new growth industry.

“It is a social movement with cash flow,” said James Anthony, an activist and attorney who…

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Legalising pot ‘could end recession’

Cannabis advocates in California say the financially troubled state could increase its cash flow by taxing medical marijuana.

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Legalising cannabis ‘could stop recession’

In July, Oakland City Council voted overwhelmingly to tax the city’s medical marijuana dispensaries to increase its profits. At the time of the vote the city faced an $US83 million budget shortfall, and expected the marijuana tax to raise $315,000, according to the report. The city auditor projected the tax would ring up to $17.5 million in sales.

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Is Marijuana a “Buy American” Program that Actually Works?

The cry of “Buy American” is being renewed as the nation tries to climb its way out of a recession. Often times those programs can fall short. But there’s a surprising market where people are indeed increasing domestic purchases — marijuana.

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Americans grow cannabis to beat the recession

Law enforcers on the west coast of the US and in the middle states straddled by the foothills of the Appalachian mountains are reporting a common trend. It is boom time for marijuana cultivation, and much of the incentive they say is to beat the recession.

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LEGALIZE MARIJUANA.

Lets face it. Were in tough times right now. Recession shouldn’t mean we just legalize every drug to make money, but its about god damn time we legalize marijuana. It would save BILLIONS every year in law enforcement and prison costs, as well as make BILLIONS in sales. Were a marijuana culture now; lets make it official.

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California: Legalization & Marijuana Clubs Grow Popular

Legalization and pot clubs in California grow increasingly popular, but law enforcement and government officials still can’t think outside of the box. 2009 has been a sea-change year for marijuana. Thanks to Obama, the recession and the explosion of cannabis clubs across the state, legislators are now more willing than ever.

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Marijuana : It’s High Time to Tax the Pot Crop

‘Time to tax marijuana… [With] budget deficits and a worsening recession, it only makes sense to stop spending money to fight marijuana use and start taxing that use to help balance both state and federal budgets…’

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