Despite mounting evidence to the contrary, certain “esteemed economists” have made careers out of furnishing false information like, “Marijuana is no cash cow” — and mainstream media compliantly chews the cud.
In a nation crying for new industry, with budget shortfalls impacting every level of government, cannabis commerce is a shining star hovering on the economic horizon. Cannatax generated from cannabis commerce could provide a lifeline for embattled governments desperate to maintain vital services in the face of rising costs. Problem is, people think only PhDs can grok it. Think again.
A few paragraphs into David Segal’s recommended New York Times piece, “In Colorado, Pot Pioneers Try to Turn a Profit,” I came across the obligatory quote from Jeff Miron, first-call cannabis consultant for busy reporters at great metropolitan newpapers. I’ve read plenty of those. They’re all pretty much the same. But this one was different. Way different.