The U.S government is working hard to keep the weed industry down.
Despite now being legal in over half of all U.S states, the pot industry is struggling more than ever, thanks to crazy government sanctions.
It is as if the U.S government KNOW that the weed industry is good for the local and the countrywide economy, and that it is good for people’s health, but they can’t bring themselves to let it thrive.
Harsh taxation and impossible legal loopholes mean that owning a weed business is harder than any other.
Rolling Stone has published the story of Wanda James, a former Naval officer who has turned her hand to marijuana dispensing.
She describes how her dispensary in Colorado pays ‘easily double’ more than other non-weed business in the area, as if the government are punishing people who decide to set up shop in the weed business.
“No other business that I’ve run has had to operate like this. It is almost impossible to turn a profit,”
“It is so frustrating to be treated like drug dealers and effectively taxed double when this industry has already brought Colorado over $500 million to build new schools and support education.”
The amount of new money that the government is making each year from weed tax is not exactly known, although it is thought to be a LOT. Fortune have reported that marijuana business pay around twice as much tax as other businesses, at up to 70% more.
And just recently, the Congressional Joint Committee on Taxation announced that the projected figure to be made from legal cannabis businesses between 2018 and 2027 if the drug was to remain illegal would come in at a staggering $5 billion.
The U.S government are in a sticky situation. On the one hand, they cannot ignore the benefits of marijuana, the amount of revenue it brings in and the overwhelmingly positive support from the general public to decriminalize the drug.
On the other hand Attorney General Jeff Sessions and other old-school senators are finding it incredibly hard to come round to the fact that this drug that has been demonized for so long might not actually be that bad.
Recently, Sessions encouraged local governments to take the law into their own hands in the prosecution of weed offences, and he painted marijuana still is as a ‘moral problem‘. Nothing to do with the fact that the revenue from illegal weed prosecutions is a huge money spinner for the GOP, then?