Sroalf A Texas pep rally, after $166 million in cannabis cash goes to the TEA.
Good news for E. Cannabis Unum supporters across the country: Texas, land of big businesses and economic prosperity, could stand to gain a ton of money from legalizing marijuana -- more than $166 million per year, by some estimates. That's a Texas Miracle if we've ever heard one.
Of course, it would also take a miracle.
A report out this week by financial analysts at NerdWallet points to the financial benefits of legalizing marijuana. "We put the study out there because with the upcoming election, citizens will cast ballots for recreational and medical marijuana," says Divya Raghavan, who authored the study. "People have to make this decision very quickly." Voters in Oregon, Alaska, Washington, D.C., Florida and California will consider various levels of marijuana decriminalization this November.More »