Marijuana in America Colorado Pot Rush

February 24, 2014

Marijuana for Sale! Where to buy weed legally! Buy Real Marijuana and Cannabis Pot for Sale. Why Legalizing Marijuana is Important to Society The legalization of marijuana offers many benefits to society, largely in the form of taxes that can be used to pay for schools, roads and other infrastructures within each state. Marijuana legalization also frees a significant amount of federal funding that can be diverted to projects that benefit the public.

Marijuana in America Colorado Pot Rush

Colorado Pot Rush – A CNBC documentary

ENGLEWOOD CLIFFS, N.J., February 24, 2014

History was made on January 1, 2014 when Colorado became not only the first state in the U.S. to legalize the sale of marijuana for recreational use, but the first to legitimize the over-the-counter sale of pot and bud-based products. Despite a thicket of rules and regulations, scores of businesses large and small have set up shop in Colorado, all vying for a share of marijuana’s potential riches.

The benefits of legalization extend beyond funding. Marijuana, or hemp, is also an eco-friendly option that can be utilized in the manufacturing industry to make textiles, fuel and other products, and the plant is a natural option that helps treat the symptoms of many diseases. Marijuana as Medicine Marijuana, including marijuana extracts, has been proven to reduce the symptoms of some illnesses, and can also be used as an alternative treatment for some types of diseases.

For instance, marijuana has been shown to reduce the occurrence of seizures among those with epilepsy, and has proven promising in reducing the side effects of chemotherapy. While marijuana treatments still requires much research, the plant is considered a safe, effective option for many people. Allowing the legal use of marijuana ensures people with serious illnesses have access to a medicine that can make their lives more comfortable without the risk of fines or jail time. Building the Economy Because marijuana has such an impact on the economy, it is impossible to avoid considering the financial benefits of legalization. Job growth in regions where marijuana is legal is a little-discussed benefit that offers residents of those states to live a better quality of life. Tourist spending within those states has risen significantly, further boosting the state’s income. Reducing Crime The legalization of marijuana has had a far-reaching impact, and despite fears the legalization of marijuana has not increased crime rates. Despite initial fears, crime rates have dropped in Colorado and other regions where marijuana is legal. The legalization of marijuana has also impacted cartels, causing the operations to have less control in regions affected by the illegal drug trade. A safer, more secure place to live benefits everyone. Comparing the Dangers Marijuana has long been considered a harmful drug, but the reality is that, with proper and responsible use, marijuana is a safe drug. In fact, marijuana has not been linked to any fatalities, and when used medicinally, marijuana extracts are safe for people of all ages. Marijuana legalization, and its mainstream acceptance, has the potential to improve the lives of people within any given society in many ways.

Legalization of Recreational Cannabis Pros and Cons The Drug War is winding down, and marijuana is slowly being legalized across the country for recreational use among responsible adults. Is this increase in personal freedom really worth celebrating? To find out, we’ll take a look at the pros and cons below. The Benefits of Recreational Marijuana Legalization Legal cannabis has a lot of merits, and some of them are not so obvious. Here’s what a booming recreational weed industry can do in your area: Lower Crime Rates When cannabis is legal, people no longer buy it on the streets, which means the black market is cut off from their revenue. This leads to gang members and drug dealers leaving town. Furthermore, violent crime has surprisingly plummeted in Colorado since Amendment 64 passed to enshrine a legal marijuana industry. Reduced Prison Populations A reduction in criminal activities means less non-violent offenders are in jail, and that’s always good news. Also, instead of arresting pot smokers, police officers can finally dedicate their time to tackling the crimes that really endanger society. Increased Tax Revenue The government can collect tons of taxes from newly established marijuana industries, and this money often funds crucial public projects and human services. For example, the cannabis tax revenue in Colorado is set aside specifically for schools! Competitive Pricing & Growing When customers have more options, quality goes up while prices go down. This trend occurs as a result of competition between vendors. These rivalries also generate new products that are more potent than any previous types of marijuana known in history.

The Downsides of Legal Marijuana for Adult Use While the pros are convincing, an open cannabis market also has some cons. Here are the most notable ones: Less Access for Medical Patients Retailers can make more money from recreational buyers than medical patients, so many dispensaries convert from “med to rec” when full-scale legalization happens. This results in those with chronic conditions being deprived of treatment or getting gouged on the higher recreational prices. Unsustainable Population Growth Everyone wants access to legal marijuana, and the movement isn’t spreading fast enough to keep up with demand. As such, people are flocking in droves to places like Washington and Colorado. This is great for regional economies, but gentrification is pushing out local citizens. Possible Accidents for Children and Pets As with alcohol and other substances, it is impossible to universally prevent underage access. Plus, marijuana is often served in the form of edibles, and these sweets are indistinguishable from grandma’s cookies aside from the label. Hospital emergency rooms noted an uptick in people seeking treatment for overdoses after marijuana legalization. Potential Interference from Cigarette Companies In the future, cannabis may be mixed with harmful additives just like tobacco. In the long-term, this is our biggest threat! How to Start a Marijuana Business To start a legal marijuana business, begin by reviewing the licenses and permits necessary to open the business in your state of residence. Some business owners must submit their business plan for review, and await an approval, before purchasing the necessary permits or licenses.

You should also consider the type of inventory that you want to carry, how to manage the business and what type of security to install. The Legalities Among other things, you should be familiar with your state’s zoning laws. In some states, it is illegal to operate a dispensary near schools or other child-focused care centers. Zoning laws are typically available through your city’s licensing bureau or zoning committee. To obtain your permits and licenses, you must pay any fees associated required by the state. In some states, you must also pass a background check before you can open a dispensary. Stocking Your Business Many marijuana dispensaries sell a combination of marijuana plants, edible marijuana products, marijuana extracts and accessories used to consume the marijuana. Locate a supplier that legally offers the stains of marijuana that you want to sell in your dispensary, and purchase edibles and other products from reliable sources. If you plan on preparing your own marijuana edibles or extracts, be prepared to install a commercial kitchen and the necessary permits before beginning to make your own products. Health and safety inspections are also necessary when making edible products. Becoming an Expert If you are growing marijuana to sell in the dispensary, spend some time learning how to grow the plants properly. You could take a gardening class from a local community college, or hire a professional gardener with experience growing marijuana to ensure your strains are high-quality. An on-site grow room or greenhouse is recommended, and in some states required, to properly support plant growth. Being Prepared Although marijuana dispensaries are legal according to state laws, federal laws have not changed. Consider retaining a lawyer that can represent you if a federal agency brings charges against you. You should also install a high-quality security system, as marijuana dispensaries are often targeted for theft. With the proper preparations, you can prevent theft and maintain your business even in the event of a federal investigation. Funding Your Business A business plan is necessary if you are seeking investors or outside funding for your business, and an accountant is often required to to handle taxes and other financial transactions. After planning and obtaining the necessary permits, employees and seeds for your business, you are ready to rent a space and open the doors to your dispensary.

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