Sales Tax And Tourism Are Just A Few Items States Are Missing Out When Not Legalizing Cannabis
In the US, seventeen states, mostly in the Southeast and Midwest don’t have any kind of cannabis legislation while thirty-three states have it.
For these 17 states, the spread of legalization created an impact that can affect businesses, travelers and families. According to some, the current situation reflects similar instances in recent history.
Massachusetts, Kansas, and Texas are states where medical cannabis is not available. Since it has not been legalized yet, there is very little data about the actual financial impact the state faces. In the first weeks after legalization, Michigan sold $4.7 million in cannabis products, bringing in enormous funds for the state in tax.
Experts in the field are noticing higher interstate travels while neighboring states experience higher law enforcement costs. When the states meet, it works as a good base to start talking about if it would be a good idea to pass some form of pro-cannabis legislation. In addition to this, cannabis tourism will also give some benefit to the state.
Another issue here is that individuals are ignorant about the fact that they could be prosecuted if they pop into another state with it, even if they are residents of a legalized state. Police efforts are doubled at the borders of such states.
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