Marijuana Business Industry

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Cannarex Marijuana

• Marijuana Business Industry

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• 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 its
  generates 17 billion federal tax revenue. Based
  on the study on November 2009 Standards and
  Poors industry report the tobacco and cigarette
  industries generated 263 billion combined sales.
  Thats 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.

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• 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
  its legal in America they hoped to bring it
  there.

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• 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.

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• Colorado and Washington State are already making
  money in cannabis industry, so it wont 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.

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