InvestorsHub Logo
Post# of 122015
Next 10
Followers 38
Posts 2966
Boards Moderated 0
Alias Born 03/14/2013

Re: None

Friday, 10/30/2015 12:32:34 PM

Friday, October 30, 2015 12:32:34 PM

Post# of 122015

When GOP presidential candidates appear at the University of Colorado-Boulder for their third debate, they will focus on jobs and the economy. Given this theme and the debate's location in the first state to legalize marijuana, it's likely that the state's recreational marijuana industry will be discussed.

The evolution of Colorado's pot economy has faced some challenges, such as problems with setting up bank accounts for profits made on a substance that the federal government still considers illegal, and marijuana-related crimes. But legalized marijuana also has pumped tens of millions of dollars into state and local coffers, created thousands of jobs, and could represent a $1 billion retail market in the future.

But the Colorado model—and similar ones in Washington, Alaska, and Oregon—isn't exactly popular among the political right. Presidential hopefuls have had to walk the line between their commitment to states' rights and a GOP base that's generally anti-drugs and pro-enforcement of federal drug laws


http://www.motherjones.com/politics/2015/10/gop-debate-colorado-legal-weed-john-blaze