California Marijuana Legalization Could Usher in New Gold Rush

Written by Huffington Post here.

People look at jars of marijuana at the medical marijuana farmers market at the California Heritage Market in Los Angeles, California July 11, 2014. The first-ever cannabis farmer's market in Los Angeles began on July 4 and opens weekly from Friday to Sunday.  REUTERS/David McNew  (UNITED STATES - Tags: DRUGS SOCIETY BUSINESS)

Legalization of recreational weed would generate an estimated $1 billion in additional taxes per year.

There is no guarantee California will vote to legalize recreational marijuana in November, but political operative and father of four Daniel Conway has already staked his future on it.

Conway left his job as chief of staff to Sacramento’s celebrity mayor, former Phoenix Suns NBA basketball star Kevin Johnson, to help start the marijuana investment company Truth Enterprises.

He is one of hundreds in the most populous U.S. state already pushing ahead with plans to enter a market experts say will be worth $4 billion by 2020.

 

About Brent

Hello,
My name is Brent and I am a MMPR patient. I write articles for Dankr.ca and help build connections with the Toronto cannabis community. I am also the Content Manager, so message me if you would like to work with Dankr.ca.

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