Money woes? Legalize hemp and cannabis
COLUMBIA, SC
So Columbia needs $100 million for the Columbia canal, broken in the October storm. More than likely we will go to Washington seeking relief instead of divorcing ourselves from archaic laws that stifle revenue within our own state.
Laws against hemp and cannabis need to be stricken from statutes quickly. To date, four states (Colorado, Washington, Oregon and Alaska) have removed those laws, and their citizens are reaping tremendous benefit, including a decrease in both crime and arrest rates. Another major benefit those states have seen is a massive bump in tax and fee revenues from cannabis businesses.
Colorado, a state similar in population to South Carolina, took in more than $70 million in taxes and licensing last year and is poised to see more than $100 million this year. Throw into the mix hemp, cannabis’ non-psychoactive cousin, and South Carolina could become
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.