legalization of marijuana in four additional states

The Economic Impact

With the legalization of marijuana in four additional states, there is no doubt that there is now a significant opportunity to grow the economy. For states, it’s time to take dollars back from the black market and move that money into the tax base. Legalization could also lead to redeployment of police, courts, prison work forces, and more. Importantly, it guarantees job growth.
Nowhere is the economic impact of legalized marijuana more obvious than California and the enormous economic powerhouse that the “West Coast Bloc” of California, Oregon, Washington, and Nevada has created.
First, think of it this way. The population of California is greater than 39.1 million, and more than 30 million of those residents are adults. The consumer potential in this one state is massive.
Next, consider the size of California’s economy. The state of California has the sixth largest economy in the world behind the United States, China, Japan, Germany, and the U.K. You read that correctly. The state of California’s economy is larger than every country’s in the world except for five. Business Insider reports that legalization of marijuana is expected to add at least $1.5 billion in revenue to California by January 2018 and another $4 billion by 2020.
Finally, think about how many jobs the expanded marijuana industry could create. If just 2% of the adult residents of California purchase recreational marijuana, that’s over 6 million customers that need to be served by workers in the marijuana industry. The number of employees who will have to be hired could be in the hundreds or thousands across the state. Furthermore, more workers and resources will be needed to serve marijuana businesses. In other words, more picks and shovels are needed to keep up with the new gold rush.
The above only focuses on California. Add the 16.2 million adults in Florida and include Nevada with its goal to turn Las Vegas into a cannatourism hot spot, and it’s clear that both legalized recreational and medical marijuana will have far-reaching effects.

I know this has just now nothing to do with business or the web but soon very soon social media and a weed business near you may grow and with it jobs and money