Who profits in the sales for marijuana in WASHINGTON AND COLORADO

Feb 3rd, 2012
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Illinois Central College
Course: cs
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• Describe the selected issue, opportunity, or problem facing the organization The issues of legalizing marijuana to be used as recreation or medicinal use portray the actual legal in which the weed would be a bonanza for the cash-strapped states. In Colorado and Washington, this business started as a result of tax and regulation recreation of the weed sales together with medical marijuana legal in most of the other 18 states thus attributing to some hard numbers on industries value. Regarding this issue, Colorado collects more than $3.5 million dollars in taxes as well as fees from the recreation and medical marijuana sales. Much of the tax revenues come from the recreational pot. Colorado is identified as the first state which established the recreation pot sale. The Washington is another state with the same legal pot recreation and is much more expected to go high on sales (Boyd, 20134). The department of correlation and revenue monitors the revenue patterns which seem to emerge in po

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