Maryland political brass will once again, propose regulation and taxation of non-medical marijuana.
BBJ Legislators are expected to propose two bills on Monday related to legalizing marijuana use for adults and tax it in an effort to generates tens of millions of dollars for the state. Senators Richard Madaleno, William C. Smith Jr. and Delegates Mary Washington and David Moon will sponsor the legislation, according to a news release. One of the bills would legalize marijuana use for people 21 and older and regulate it similarly to alcohol. The other bill would tax non-medical uses of the drug.
Some people love it, some people insist it’s the devil’s lettuce. There will be pros and cons, but ultimately money talks. Once the smoke clears in a state like Colorado (that legalized recreational use of weed), mounds and mounds of cash are left in the wake. According to Baltimore Business Journal, Colorado collected $135 million in tax revenue last year. Put that in your pipe and smoke it.