{"id":564,"date":"2012-08-14T07:05:10","date_gmt":"2012-08-14T07:05:10","guid":{"rendered":"http:\/\/www.marijuana.net\/?p=19547"},"modified":"2012-08-14T07:05:10","modified_gmt":"2012-08-14T07:05:10","slug":"marijuana-industry-needs-to-become-wall-street","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/marijuana-industry-needs-to-become-wall-street\/","title":{"rendered":"Marijuana Industry Needs To Become Wall Street"},"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\/marijuana-industry-needs-to-become-wall-street\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><p><img loading=\"lazy\" width=\"259\" height=\"194\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/wall-street-bull.jpeg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"wall street bull\" title=\"wall street bull\" \/><\/p>\n<p><a rel=\"attachment wp-att-19548\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/marijuana-industry-needs-to-become-wall-street\/attachment\/wall-street-bull\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-19548\" title=\"wall street bull\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/wall-street-bull-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>The United States policy direction is largely dictated by successful industries and their lobbyists.\u00a0 Once the money has the ear of the politician, favorable laws that can ensure market consistency tend to follow. \u00a0Wall Street, for example, thrives on being able to predict consistency and we all know that candidates on either side of the aisle think of New York\u2019s financial district when drafting many laws.\u00a0 While the success of our investments on Wall Street is volatile and anything but consistent, investors do not have to question if they will be open for business, or if their industry will be shut down due to federal influence.\u00a0 When regulations are not working for them they simply put the pressure on Congress to help increase profits.<\/p>\n<p>The idea of consistency is a tremendous hurdle for the legalized marijuana industry.\u00a0 Three states will put a legalization, taxation, and regulation plan to a vote by the people this November.\u00a0 According to a recent <a href=\"http:\/\/seattletimes.com\/html\/localnews\/2018898246_marijaunaofm11m.html\" target=\"_blank\">article by The Seattle Times<\/a>, Washington State could see as much as 1.9 billion in new tax revenue, or they could see $0.00.\u00a0 This is all contingent upon the how much interference Washington State will have from federal authorities.\u00a0 However predicting the federal government\u2019s response has been difficult at best.\u00a0 Team Obama indicated they would not divert resources toward medical marijuana patients and dispensaries that are in compliance with state law.\u00a0 That has not proved to be the case and many jobs and patients have become collateral damage from this change in policy direction by the White House.<\/p>\n<p>This November could prove to be a turning point for the marijuana reform movement.\u00a0 Even if one of the three states eligible (Colorado, Washington, Oregon) vote to legalize and regulate cannabis, the move will symbolically show the country is heading in a new direction.\u00a0 While full legalization may not prevent federal agents from storming dispensaries, it could force them to think twice.\u00a0 Exactly how eager is our government to prevent job\/economic growth and billions in tax revenues?\u00a0 We also need to take into consideration that although much of our money goes toward funding the overzealous DEA agents, as they too are on a budget.<\/p>\n<p>As our <a href=\"http:\/\/www.marijuana.net\/news-and-articles\/new-jersey-shows-that-the-wheels-of-progression-cannot-be-stopped\/\" target=\"_blank\">article suggested yesterday<\/a>, the wheels of progression cannot be stopped and eventually the federal government will not possess enough agents and dollars to continue their assault on our civil rights.\u00a0 However, with any struggle the powers that be will not give up willingly and are unmoved by patient stories, youth incarcerations, and our rights as citizens.\u00a0 This industry needs to ratchet up its pressure on our elected officials.\u00a0 We need to demand that the will of majority is considered and that we need consistency in order to regulate and forecast how much revenue we can rely on in the worst economic period of our generation.\u00a0 We need laws that protect jobs.\u00a0 In the sense of political movement and protecting our interests, we need to become Wall Street.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" width=\"259\" height=\"194\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/wall-street-bull.jpeg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"wall street bull\" title=\"wall street bull\" \/><\/p>\n<p><a rel=\"attachment wp-att-19548\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/marijuana-industry-needs-to-become-wall-street\/attachment\/wall-street-bull\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-19548\" title=\"wall street bull\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/wall-street-bull-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>The United States policy direction is largely dictated by successful industries and their lobbyists.\u00a0 Once the money has the ear of the politician, favorable laws that can ensure market consistency tend to follow. \u00a0Wall Street, for example, thrives on being able to predict consistency and we all know that candidates on either side of the aisle think of New York\u2019s financial district when drafting many laws.\u00a0 While the success of our investments on Wall Street is volatile and anything but consistent, investors do not have to question if they will be open for business, or if their industry will be shut down due to federal influence.\u00a0 When regulations are not working for them they simply put the pressure on Congress to help increase profits.<\/p>\n<p>The idea of consistency is a tremendous hurdle for the legalized marijuana industry.\u00a0 Three states will put a legalization, taxation, and regulation plan to a vote by the people this November.\u00a0 According to a recent <a href=\"http:\/\/seattletimes.com\/html\/localnews\/2018898246_marijaunaofm11m.html\" target=\"_blank\">article by The Seattle Times<\/a>, Washington State could see as much as 1.9 billion in new tax revenue, or they could see $0.00.\u00a0 This is all contingent upon the how much interference Washington State will have from federal authorities.\u00a0 However predicting the federal government\u2019s response has been difficult at best.\u00a0 Team Obama indicated they would not divert resources toward medical marijuana patients and dispensaries that are in compliance with state law.\u00a0 That has not proved to be the case and many jobs and patients have become collateral damage from this change in policy direction by the White House.<\/p>\n<p>This November could prove to be a turning point for the marijuana reform movement.\u00a0 Even if one of the three states eligible (Colorado, Washington, Oregon) vote to legalize and regulate cannabis, the move will symbolically show the country is heading in a new direction.\u00a0 While full legalization may not prevent federal agents from storming dispensaries, it could force them to think twice.\u00a0 Exactly how eager is our government to prevent job\/economic growth and billions in tax revenues?\u00a0 We also need to take into consideration that although much of our money goes toward funding the overzealous DEA agents, as they too are on a budget.<\/p>\n<p>As our <a href=\"http:\/\/www.marijuana.net\/news-and-articles\/new-jersey-shows-that-the-wheels-of-progression-cannot-be-stopped\/\" target=\"_blank\">article suggested yesterday<\/a>, the wheels of progression cannot be stopped and eventually the federal government will not possess enough agents and dollars to continue their assault on our civil rights.\u00a0 However, with any struggle the powers that be will not give up willingly and are unmoved by patient stories, youth incarcerations, and our rights as citizens.\u00a0 This industry needs to ratchet up its pressure on our elected officials.\u00a0 We need to demand that the will of majority is considered and that we need consistency in order to regulate and forecast how much revenue we can rely on in the worst economic period of our generation.\u00a0 We need laws that protect jobs.\u00a0 In the sense of political movement and protecting our interests, we need to become Wall Street.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[52,166,98,56,9,317,51,170,70,281,318,1,3,319,72,320,321,61],"tags":[2632,2744,2676,2636,2895,2631,2748,5,2859,2896,2897,2650,2898,2899,6],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/564"}],"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=564"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/564\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}