Adult-use marijuana a failed policy, vote no on Prop 207Posted by On

marijuana-pot-weed-web

Our children, teens and young adults have so many challenges today. If you care about their futures, please vote No on Proposition 207.

The most common argument used in favor of legalization is the belief it will bring in tax revenue, but it always comes in much lower than promised to voters. During Colorado’s recent teacher’s strike, so many residents asked, ‘what happened to the marijuana money going to schools?’ In all states with adult-use marijuana, tax revenues from marijuana fall far below projections and account for less than one percent of revenue.

Once a state introduces recreational marijuana, loopholes allow consumers to get medical marijuana cards and buy at a lower tax rate.  Furthermore, legalization doesn’t get rid of black markets, which grow more robust after legalization. It’s estimated that 80 percent of the California’s marijuana is black market, a reason that California is only getting approximately 40 percent of the tax…

Original Author Link click here to read complete story..

News

adultuseFailedmarijuanapolicyPropvote

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.