Growth of the Marijuana Industry: Not Just Blowing Smoke
Sarasota, FL (WorkersCompensation.com) - Marijuana is big business. Despite its classification as a Schedule 1 drug under federal law, it generated $10 billion in spending last year and is projected to be a $13 billion industry this year in states where it is legal for medical and/or recreational use.
At least several states are reaping unexpectedly high financial benefits from legal sales of the drug. Nevada, for example, collected nearly $70 million in taxes in its first full year of ...
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