CNBC panel: marijuana should be legalized, regulated and taxed
Posted April 4, 2009
“It was a bad year for wine, but a great year for marijuana”
Marijuana is America’s largest cash crop. More money is made via illegal marijuana sales than all vegetables and corn crops combined. Some 25 million Americans use marijuana illegally - meaning no tax revenue is generated. This poses an interesting question: how much money could be made if we legalized, regulated and taxed marijuana? President Obama shrugged off the idea that marijuana legalization and taxation could help boost the economy. Many leading economists (including Nobel Laureates, and economists from top-tier universities across the country), however, believe that taxing marijuana could help save our economy. Continue reading to check out the eight-person round table discussion on whether or not legalization is the path to go down.
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Medical cannabis has been proven to provide relief for dozens of ailments, from chronic pain to debilitating and even fatal diseases. In an effort to promote public awareness, our mission is to report on credible research and expert opinion on the most therapeutic plant known to man.
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Irv Rosenfeld's TestimonyOne of the seven remaining patients receiving cannabis on a regular basis from the federal government provides testimony to a Michigan court as the state debates decriminalization of cannabis for medicinal use.
Make Your Voice HeardLet your representatives know you're paying attention. Nine states will vote on legalizing medical marijuana in 2010!