Duane Morris Government Strategies

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Tag Archive for ‘marijuana’

Legalizing Recreational Marijuana to Fill States’ Budget Deficits

by: Ryan J. Stevens As COVID-19 continues to wreak havoc on states and their economies, lawmakers are contemplating how to handle decreasing state revenue and budget deficits.  DMGS previously covered budget deficits caused by COVID-19 in numerous states. Now that more time has passed and more states have passed their respective budgets, some have called for legalizing recreational marijuana to fill their state’s budget deficit.  How much revenue could states […]

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Outlook for Federal Marijuana Legislation

Now legal for recreational use in 10 states and Washington, D.C., more Americans are smoking pot than ever, even though it is still a federally outlawed drug. The federal ban is creating banking and tax challenges for pot companies that operate in accordance with their states’ laws. An average of about 600,000 people were arrested each year for possession from 2013 through 2017. Support for legalization reached a peak in […]

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