Impressive Short Term Income Tax Gains Have States Considering Legalized Cannabis Use

As more and more states begin lifting regulations and prosecutions for the use of marijuana, more people are becoming interested in how to get cannabis and what it might be able to do for them. Understanding the effects marijuana has on the body is the first step to knowing if it is a good choice for you and working with a medical cannabis professional or doctor is a great first step. These medical experts can help you understand what benefits medical marijuana can have. They can also explain how it might help reduce symptoms you might be experiencing due to health issues you are currently facing.

You can start by a search for Google cannabis doctors and find someone licensed that you can talk to. These professionals can help answer questions you likely have, such as how does weed feel when you use it, how does weed help with pain, can cannabis help treat anxiety or depression, what are the risks and benefits of using medical marijuana, and any other question that you might have. Getting answers and getting accurate and professional information is the first step to finding out if medical weed is right for you!

In addition to numerous studies of cannabis for use in medicine, another long-term study of approximately 1 million teenagers indicated that less stringent laws did not lead to increased cannabis purchase and use by minors. States that have legalized recreational cannabis in the last few years already had a higher percentage of teens smoking cannabis, an important point to activists who want to make sure that legalized adult cannabis use does not spread to or influence minors.Although there has been a longstanding concern among people who do not approve of the decriminalization and legalization — in several states — of recreational cannabis use, a recent formal study seems to indicate that, at the very least, long-term cannabis users may have healthier hearts than long-term cigarette smokers. In a test of over 5,000 adults that was conducted over the course of two decades, researchers concluded that cannabis smokers gained lung function over time.

Soon, the legal cannabis industry across America will be worth over $10 billion every year. States are reporting job growth and impressive tax gains. Taxing medical cannabis at both production and distribution levels has enabled one state to post $3 million in profit on over $10 million in sales in the last fiscal quarter alone. The newest business model to arise from localized cannabis legalization is medical marijuana consulting.

Many entrepreneurs see the widespread legalization of cannabis across America as a fiscal inevitability. States that have been impacted over the last two decades by what some pundits call “relentless outsourcing” are looking for ways to revitalize local economies and to attempt to regain — in taxes — what they may have lost in attempting to prevent recreational cannabis use in the first place.

Medical marijuana consulting firms are utilizing standard business models but are betting, long-term, on the triumph of financial pragmatism on the part of states and local governments. Cannabis business development now includes obtaining the proper licensing, and entrepreneurs who are leaning toward investing in the cannabis industry may find themselves having to turn to a niche consultant who can help them access the proper cannabis business resources.

Leave a Reply