Medical Cannabis Equals Big Business

Medical CannabisAs individual States begin legalizing medical cannabis, it is clear that there are many who intend to make it also equal big business and big money. Florida is feeling this state of Limited Liability Company (LLC) and incorporation frenzy as the laws are heading towards legalization of this drug for medical use. All across the state companies are registering for businesses that relate to medical marijuana, everything from clinics to growing equipment and even lawyers that specialize in this area. The revenues that the stores (comfort stations) bring to the economy of the community is in some cases, not enough for the politicians to get behind.

Medical Cannabis

New York, Ohio and Pennsylvania are just a few of the other States, along with Florida that currently have bills looking to legalize this drug for medical and/or recreational use this year. The map to the right shows which states have bills pending on this topic. With all the talk of the benefits of this drug especially to cancer and epilepsy patients a lot of politicians are changing their views on this somewhat controversial law and still more are standing firm against it. They are the ones that are dead set against medical cannabis being legal no matter how beneficial its effects are on those with chronic pain or debilitating illnesses, and they will stand firm against recreational use, and continue to make noise about its medical use. Fear of letting children believe that medical cannabis is a green light for recreational use is what they will use to stop what equals big business in their respective States, and there is opposition in just about all of the United States.

Those that have legalized cannabis for medical use, which includes states like Michigan, Illinois and even Alaska, are seeing a boost to the economy as ‘comfort stations’ are set up and selling their sometimes outrageously named products, which really does equal big business. The taxing of these products has provided an influx of money to a sometimes otherwise stifled economy. Florida alone has projected $780 million a year in sales of legalized medical marijuana, this is based on other states revenue and then adjusted to the current population of Florida. Also up for vote in November for Floridians is the legalization of cannabis oil, dubbed ‘Charlotte’s Web’ which is used in the treatment of severe seizures in children. Big business for sure, and those said business men and women like to have all the regulations set out for them, like who can sell or process this product, and where will the seeds actually come from. If Florida gets all the rules and regulations out in front of them, there is a good chance these bills will pass this November.

No one wants suffering of the American people with such debilitating diseases as cancer, epilepsy and seizures in children, but is Medical Cannabis the way to go, or is it strictly big business that will push this through.

Opinions by Kristi Cereska

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Sources:

Orlando Sentinal

Wall Street Journal