State Liquor tax collections have been about $10 million per month, for the last few years. That's what other media sources are reporting.
And the upstart medical marijuana industry is exploding with sales increases every month which eclipse the previous month by over 20% more. The June tax collections of excise & sales tax will be between $4 million & $5 million. By this time next year the number may be double what it is now.
When you add the patient licensing and Medical Marijuana Business (MMB) licenses, there is already a huge windfall for the state and municipal governments.
And this is for a revenue raising measure which the voters overwhelmingly supported, just 1 year ago.
Average patient spending is increasing every month, and new patient licensure may be double the current tallies, by this time next year.
We were expected to have around 70,000 patients licensed by next month. But the current number of licensed patients is double, and growing fast.
Since 1960, one of the world's greatest conservative leaders has been William F. Buckley, of New York. One of his boldest positions on public policy has been the end of the failed and bankrupting "War on Drugs".
We're reprinting part of it, to illustrate the timeless arguments he makes. For years since his death, his logic remains sound even as it is largely ignored by lawmakers.
Nigel heavily focuses on the medical research and drug policy topics at SoonerPolitics, from an international perspective & a background in homeopathic herbs and agrarian culture.