Medical Marijuana Business
The federal government is still adamant about withholding country wide legalization, yet states around the country are hacking away at marijuana restrictions which benefit local economies. Colorado and Washington are the only two states so far to pass voter proposals of fully legalizing marijuana for recreational use and even with certain stipulations in the law in place, the rewards have been ample. Colorado is collecting huge amounts in tax revenues since sales started in the beginning of 2015. Washington, on the other hand, has not executed and utilized the laws as well as Colorado, but is still predicted to have similar rewards over time. Regardless of the differences in the industries and laws of all 50 states, medical marijuana dispensaries, the donation system, and collective gardens all work the same. This will be a short transitional period. Colorado is single-handedly rebuilding its educational system with marijuana tax surpluses.