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Showing posts from November, 2017

Legalizing Marijuana Under Federal Law for a Prosperous Economy

     Recreational Marijuana is slowly making its way into legal status in a number of states. States like Colorado, which have had legal recreational marijuana for a handful of years, have already provided statistical proof of economic prosperity from Marijuana sales. However, marijuana is still illegal for consumption under Federal Law, making it difficult for states to manage selling it. This is due to federal banks refusing to accept digital currency brought in from marijuana sales. This leads to dispensaries having to jump through hurdles as they can only accept cash, but if marijuana were to be legalized under federal law, or at least allow acceptance of digital revenue into federal banks, we could potentially see a substantial stimulation of the nation's economy.      There is already statistical proof of the success of recreational marijuana sales, yet its legalization is nearly stonewalled in congress. I believe this is solely because members of congress haven't found