Quote:
Originally Posted by JGibson
It's on the ballot this November.
It's estimated the tax revenue in the first year would be over $500 million and much more in the following years.
21 years of age would be the age limit and no cultivating on your own.
Medical marijuana is already legal in Florida and seems to obtain approval is a low threshold and really just about the money for doctor fees.
For those who say it's a gateway drug well alcohol or any mind altering medication can also be a gateway drug.
Yea or Nay on Amendment 3 for marijuana legalization?
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Nay, unless it accompanies very strict guidelines to protect medical patients and allows cultivation. Why, our other home is in Massachusetts and I have seen this play out. The dispensaries that now cater to medical only, with a variety of CBD dominant products for things like joint pain and inflammation, will dump the focus on medical products like a hot potato if recreational becomes legal. The profit is on recreational products that simply have the highest THC content to get the user blasted. Medical patients in Massachusetts can no longer find products anywhere that were easy to source before recreational became legal. Growing high CBD products is more difficult, has lower harvest yields, and is therefore less profitable. Making recreational legal has been a bad thing for medical patients. Regarding cultivation, it’s all about supply and demand relative to the black market. Without cultivation, the only sources of supply are dispensaries and the black market, keeping prices for the consumer very high. The dispensaries set prices at or just below the black market. Allowing cultivation is a game changer for product pricing, especially in Florida where the tropical climate is very conducive to growing. Allowing cultivation both crowds out the black market and forces overall prices significantly lower. No doubt, they want to curtail cultivation to force consumers to purchase from taxable government regulated entities.