Another theory was that patients being treated with medical cannabis would start using recreational marijuana. However, medical cannabis has less tax than the recreational counterpart.

1. Raising Tax Revenue in California
from
Medical Cannabis Sales

2. With the latest in Cannabis News, Colorado, the
first state to legalize marijuana, has shown other
doubting states that this new industry – allowing for
medical marijuana and casual Pot use provides an
added additional source of medical supply and
revenue. State governments should be interested
because medical cannabis can help with national
development through income obtained from taxation.
Since Colorado made that epic move it has taken in
$53 million in tax revenue. California can look to
redeem similar benefits if it makes the step into the
marijuana industry.

3. According to money.cnn.com, the
governor’s budget office estimate
Colorado will collect $184 million in the
first 18-months of recreational pot
sales. $40 million to public school
construction, $85 million on youth
prevention and substance abuse
treatment, $12.4 million on public
health, $3 million on law enforcement
and public safety and almost $2 million
on industry oversight.

4. Several factors caused this outcome,
firstly, the assumption that consumers
would simply stop buying pot illegally.
Yes, consumers may now be happy that
they can indulge in pot legally but
marijuana sold on the black market is
cheaper than the proper kind sold in
stores which has added tax and fees.

5. The introduction of online sites that allow consumers
buy marijuana online, helps to make the herb
available to persons in need to use marijuana for
migraines, glaucoma, anxiety and marijuana cancer
treatment more easily and conveniently.
We are still only in the first stages of discovering
the many benefits of this versatile and resourceful
herb, Marijuana. Many consumers, doctors and
patients have discovered its benefits for treatment
of various medical issues. The government has
already seen its income potential from tax revenue
earnings in Colorado alone, and it’s just in year one.

6. California needs to get on the bandwagon and
legalize marijuana. Not only will its citizens
benefit from being able to legally attain
marijuana for their various aces and pains,
Marijuana Anti Aging, Marijuana For Anxiety,
Marijuana For Glaucoma, the benefits are
almost endless. But also, as seen by the
Colorado case study, California will
accumulate revenue from various sales taxes
on marijuana sales thereby adding total state
budget.

7. Contact Us
Phone No.: 1-800-357-1314
E-Mail: support@potvalet.com
Website: www.potvalet.com