Cannabis reform is overdue. The annual total addressable market for United States cannabis is $100,000,000,000. That’s One Hundred Billion dollars.
A majority of citizens have access to “recreational” and regulated cannabis via the States. A super majority of citizens have access to “medicinal” cannabis via the States. However, our Federal Government continues to hold cannabis down, keeping it a Schedule 1 drug.
Because it remains a Schedule 1 drug, cannabis employers cannot take basic tax deductions for payroll, etc. Cannabis employees cannot use their income to qualify for bank loans or federally backed mortgages. Cannabis employers cannot provide insurance for their employees because of the tax burden, etc.
This is a farce. Cannabis is not a Schedule 1 drug. Cannabis crystalizes the problems with our Fed. People are losing faith in our government for a reason – it is dishonest, if not corrupt.
Perhaps the most honest policy change that this administration can make is to give the people access to a regulated cannabis market. Capitalize Cannabis. Do the right thing for the American people. Open a new industry, get people off opiates, open minds, regain trust, let the botanists, engineers, and pharmacists work with the plant.
Signed – The Majority