{"id":1548,"date":"2013-04-10T02:24:17","date_gmt":"2013-04-10T02:24:17","guid":{"rendered":"http:\/\/www.marijuana.net\/?p=20823"},"modified":"2013-04-10T02:24:17","modified_gmt":"2013-04-10T02:24:17","slug":"legal-marijuana-sales-could-bring-economy-into-the-new-age","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/legal-marijuana-sales-could-bring-economy-into-the-new-age\/","title":{"rendered":"Legal Marijuana Sales Could Bring Economy Into The New Age"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/legal-marijuana-sales-could-bring-economy-into-the-new-age\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><p><img loading=\"lazy\" width=\"260\" height=\"194\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/stocks.jpg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"stocks\" title=\"stocks\" \/><\/p>\n<p><a rel=\"attachment wp-att-20824\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/legal-marijuana-sales-could-bring-economy-into-the-new-age\/attachment\/stocks\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-20824\" title=\"stocks\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/stocks-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>The foundation of progress and our consumer based economy is clear to everyone. \u00a0It is physically represented by George, \u00a0Abraham, \u00a0Andrew but those symbols are becoming just that, \u00a0symbols. \u00a0Money has now become a complex web of online transactions, \u00a0Wall Street speculation, \u00a0and confusion for the masses. \u00a0This transition from simple dollars and sense to complicated finances has been progressing over a long period of time.\u00a0 It continues today and may have been most noticeable in 2008 during the<a href=\"http:\/\/en.wikipedia.org\/wiki\/Financial_crisis_of_2007%E2%80%932008\" target=\"_blank\"> worst fiscal crisis since the Great Depression<\/a>. There was a lesson for many during the dark days of 2008. \u00a0The taxpayer, \u00a0for reasons not entirely apparent to them, were forced to bail out huge companies, \u00a0including AIG, \u00a0whose demise could have brought down everything with it. \u00a0The only universal clarity to rise from the fiscal ashes was the idea that money had clearly changed and the new world economy required a different approach if we are to sustain ourselves. \u00a0Now we are all money conscious and do not seem inclined to continue to watch the federal government continue to throw money at useless pursuits. Creating new revenues has proven to be extremely difficult during this period of super partisanship.\u00a0 America no longer seems capable of brave and new ideas.\u00a0 Many financial experts , for years, \u00a0have been discussing the huge economic boost legalized marijuana would create.\u00a0 If our elected leadership decided to expand their horizons, and join us in 2013, we may be able to work together to create the next economic boom. The idea of legal marijuana stands on its own merits and has grown considerably even as the highest levels of government remain an obstacle.\u00a0\u00a0 In a recent <a href=\"http:\/\/www.huffingtonpost.com\/2013\/04\/08\/marijuana-sales-quadruple-2018_n_3038282.html\" target=\"_blank\">Huffington Post article<\/a>, author Caroline Fairchild cites a <a href=\"http:\/\/mmjbusinessdaily.com\/2013\/03\/21\/us-medical-marijuana-sales-estimated-at-1-5b-in-2013-cannabis-industry-could-quadruple-by-2018\/\" target=\"_blank\">Medical Marijuana\u00a0 Business Daily<\/a> study that predicts legal marijuana sales will rise from 1.5 billion dollars this year to 6 billion dollars by 2018. \u00a0With <a href=\"http:\/\/medicalmarijuana.procon.org\/view.resource.php?resourceID=000881\" target=\"_blank\">18 medical marijuana states<\/a> and counting (Maryland could join this list within days) and two ( with several more considering full legalization) states that will tax and regulate sales of recreational marijuana it is easy to see why financial analysts are predicting tremendous revenues from the future of legalized marijuana. While these numbers are staggering, they may yet still be on the conservative side. \u00a0The reform movement has maintained a pace that is quicker than most predicted. \u00a0Additionally, \u00a0legal marijuana creates so many other jobs in the areas if security, \u00a0business lawyers, physicians, \u00a0dispensary workers, \u00a0delivery employees, construction workers and many more positions. \u00a0Income taxes are generated for every job. \u00a0 Revenues could possibly exceed even the boldest predictions by 2018.\u00a0 Even if our favorite presidents and paper currency go the electronic route, money will remain a concern, it is time to let legal marijuana take us into the future. <\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" width=\"260\" height=\"194\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/stocks.jpg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"stocks\" title=\"stocks\" \/><\/p>\n<p><a rel=\"attachment wp-att-20824\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/legal-marijuana-sales-could-bring-economy-into-the-new-age\/attachment\/stocks\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-20824\" title=\"stocks\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/stocks-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>The foundation of progress and our consumer based economy is clear to everyone. \u00a0It is physically represented by George, \u00a0Abraham, \u00a0Andrew but those symbols are becoming just that, \u00a0symbols. \u00a0Money has now become a complex web of online transactions, \u00a0Wall Street speculation, \u00a0and confusion for the masses. \u00a0This transition from simple dollars and sense to complicated finances has been progressing over a long period of time.\u00a0 It continues today and may have been most noticeable in 2008 during the<a href=\"http:\/\/en.wikipedia.org\/wiki\/Financial_crisis_of_2007%E2%80%932008\" target=\"_blank\"> worst fiscal crisis since the Great Depression<\/a>. There was a lesson for many during the dark days of 2008. \u00a0The taxpayer, \u00a0for reasons not entirely apparent to them, were forced to bail out huge companies, \u00a0including AIG, \u00a0whose demise could have brought down everything with it. \u00a0The only universal clarity to rise from the fiscal ashes was the idea that money had clearly changed and the new world economy required a different approach if we are to sustain ourselves. \u00a0Now we are all money conscious and do not seem inclined to continue to watch the federal government continue to throw money at useless pursuits. Creating new revenues has proven to be extremely difficult during this period of super partisanship.\u00a0 America no longer seems capable of brave and new ideas.\u00a0 Many financial experts , for years, \u00a0have been discussing the huge economic boost legalized marijuana would create.\u00a0 If our elected leadership decided to expand their horizons, and join us in 2013, we may be able to work together to create the next economic boom. The idea of legal marijuana stands on its own merits and has grown considerably even as the highest levels of government remain an obstacle.\u00a0\u00a0 In a recent <a href=\"http:\/\/www.huffingtonpost.com\/2013\/04\/08\/marijuana-sales-quadruple-2018_n_3038282.html\" target=\"_blank\">Huffington Post article<\/a>, author Caroline Fairchild cites a <a href=\"http:\/\/mmjbusinessdaily.com\/2013\/03\/21\/us-medical-marijuana-sales-estimated-at-1-5b-in-2013-cannabis-industry-could-quadruple-by-2018\/\" target=\"_blank\">Medical Marijuana\u00a0 Business Daily<\/a> study that predicts legal marijuana sales will rise from 1.5 billion dollars this year to 6 billion dollars by 2018. \u00a0With <a href=\"http:\/\/medicalmarijuana.procon.org\/view.resource.php?resourceID=000881\" target=\"_blank\">18 medical marijuana states<\/a> and counting (Maryland could join this list within days) and two ( with several more considering full legalization) states that will tax and regulate sales of recreational marijuana it is easy to see why financial analysts are predicting tremendous revenues from the future of legalized marijuana. While these numbers are staggering, they may yet still be on the conservative side. \u00a0The reform movement has maintained a pace that is quicker than most predicted. \u00a0Additionally, \u00a0legal marijuana creates so many other jobs in the areas if security, \u00a0business lawyers, physicians, \u00a0dispensary workers, \u00a0delivery employees, construction workers and many more positions. \u00a0Income taxes are generated for every job. \u00a0 Revenues could possibly exceed even the boldest predictions by 2018.\u00a0 Even if our favorite presidents and paper currency go the electronic route, money will remain a concern, it is time to let legal marijuana take us into the future. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[52,1547,1548,999,1549,184,56,9,51,70,1,3],"tags":[2632,4115,4116,3570,4117,2762,2636,2631,5],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/1548"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=1548"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/1548\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=1548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=1548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=1548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}