Instead of filling up jails, wasting police time needed to fight crime and spending millions on enforcement California is looking to collect a billion dollars a year in new tax revenue .
$1 Billion In Marijuana Taxes...
“In an era of dwindling state resources, when we are looking to smaller governments, and an administration at the federal level that is looking to end funding to states in numerous ways, the discovered revenue from regulated legal cannabis markets can be a lifesaver to local law enforcement, substance abuse counseling and other social services,” said Leslie Bocskor of Electrum Partners. According to Bocskor, states are fighting the Justice Department's new war on drugs for purely fiscal reasons because the overall economic impact has been much higher than anyone expected.
With virtually every poll showing most Americans approve legalization and governors becoming dependent on the tax revenue to balance the budget and provide more state services, it will be hard to convince these states that rolling back legalization is a good thing.