cannabisnews.com: If You Support Legal MJ, Memorize These 13 Stats

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  If You Support Legal MJ, Memorize These 13 Stats

Posted by CN Staff on April 19, 2014 at 16:54:33 PT
By Hunter Stuart, The Huffington Post  
Source: Huffington Post 

USA -- Regardless of your feelings about legalizing marijuana, it's hard to deny that legal weed would be a bonanza for cash-strapped states, just as tobacco and alcohol already are.With Colorado and Washington starting to tax and regulate recreational weed sales, and medical marijuana legal in 18 other states, we can finally start to put some hard numbers on the industry's value. 
Numbers like:$1.53 billion: The amount the national legal marijuana market is worth, according to a Nov. 2013 report from ArcView Market Research, a San Francisco-based investor group focused on the marijuana industry.$10.2 billion: The estimated amount the national legal marijuana market will be worth in five years, according to that same ArcView report.$6.17 million: The amount of tax revenue collected in Colorado on legal marijuana sales in just the first two months of 2014.$98 million: The total tax revenue that Colorado could reap in the fiscal year that begins in July, according to a recent budget proposal from Gov. John Hickenlooper.$40 million: The amount of marijuana tax revenue Colorado is devoting to public school construction.7,500-10,000: The estimated number of marijuana industry jobs that currently exist in Colorado, according to Michael Elliott, the Executive Director of the Marijuana Industry Group, a trade association that advocates for responsible marijuana regulation.$190 million: The amount in taxes and fees legal marijuana is projected to raise for the state of Washington over four years starting in mid-2015, according to the Economic and Revenue Forecast Council, an independent agency that advises the state government on the budget and tax revenue.$105 million: The estimated annual sales tax revenue generated by medical marijuana dispensaries in California, according to the Marijuana Policy Project, a Washington, D.C.-based group that supports legalization.$142.19 million: The estimated size of the medical marijuana market in Arizona in 2014, according to the ArcView Market Research report, up from $35.37 million last year. Arizona has a record 80 medical pot dispensaries currently open, with more expected to open this year, according to AZMarijuana.com.$36 million: The amount of estimated tax revenue Maine would earn every year if it legalized and regulated marijuana, according to a 2013 estimate from the Marijuana Policy Project. Portland, Maine's largest city, voted to legalize weed in November, and a grassroots campaign to get state legalization on the ballot in 2016 is underway.$21.5 to $82 million: The amount of estimated tax revenue Rhode Island would earn every year if it legalized and regulated marijuana, according to an April 9 report from the non-profit organization Open Doors. Rhode Island legislators are considering a bill this session that would tax and regulate marijuana like alcohol.$134.6 million: The amount of estimated tax revenue Maryland would earn every year if it legalized and regulated marijuana, according to a 2014 estimate from the Maryland Department of Legislative Services. Maryland Gov. Martin O'Malley signed a law legalizing medical marijuana on April 14, and state lawmakers are considering a bill this session to legalize weed for recreational purposes, too.$17.4 billion: The estimated total amount that marijuana prohibition costs state and federal governments every year, according to a 2010 study by Harvard University economist Jeffrey Miron.Source: Huffington Post (NY)	Author: Hunter Stuart, The Huffington Post Published: April 19, 2014Copyright: 2014 HuffingtonPost.com, LLC Contact: scoop huffingtonpost.comWebsite: http://www.huffingtonpost.com/URL: http://drugsense.org/url/RshkC14eCannabisNews  -- Cannabis  Archiveshttp://cannabisnews.com/news/list/cannabis.shtml 

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Comment #8 posted by FoM on April 22, 2014 at 05:08:21 PT

BGreen
We can cook a lot on the grill. We can use it if we have an electrical outage rather then using the stove which is a 220. We can only run one 220 on our generator at a time but all of our 110 can be on at one time. 
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Comment #7 posted by BGreen on April 22, 2014 at 03:05:33 PT

That's a nice grill
I'll bet you could cook up a storm on that. I like the side burner. It would be nice to have varying levels of heat for different foods.Bud
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Comment #6 posted by FoM on April 21, 2014 at 14:03:24 PT

BGreen
This is what we have. http://www.amazon.com/Char-Broil-Classic-40000-4-Burner-Burner/dp/B00BC3UVDK/ref=sr_1_1/180-4453901-9508401?ie=UTF8&qid=1398114105&sr=8-1&keywords=char-broil+4-burner+gas+grill
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Comment #5 posted by FoM on April 21, 2014 at 13:01:07 PT

BGreen
That is nice. 
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Comment #4 posted by BGreen on April 21, 2014 at 12:27:36 PT

Here is a link to info on my smoker
The factory website isn't working correctly but here is my smoker info from a major big box retailer.The problem with smoking in the winter is it becomes nearly impossible to open the door without the internal temperature dropping substantially. I grill more often during cold weather due to the burning charcoal and higher heat. I never use starter fluid. I've used a charcoal chimney and a fan for a couple of decades. It's the best way to start a fire without that awful petroleum taste.Bud 
Masterbuilt 30" Electric Smokehouse
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Comment #3 posted by FoM on April 20, 2014 at 18:58:59 PT

BGreen
We had a wonderful day today too. I don't even know what an electric smoker is but we used our grill all winter long. It was fun making hamburgers when it was snowing since we have an open porch and good ventilation. I made a big ham dinner today and it was yummy.
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Comment #2 posted by BGreen on April 20, 2014 at 14:55:07 PT

Same to you, FoM, and to all of our CNews family
We're not in the two "fun" states but I am smoking today. We're eating our turkey legs, mac & cheese and sweet potatoes I just pulled out of our smoker. :)I won an electric smoker and it is awesome. I haven't been able to use it for a few months because of the cold but it's going to be smoking weather for many tasty months.Bud
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Comment #1 posted by FoM on April 20, 2014 at 04:42:58 PT

Happy Easter 4/20
I hope everyone has a great day today. 
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