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It’s Official: Maryland’s Cannabis Legalization Law Is In Effect, Sales Already Going Strong

Recreational cannabis officially became legal in Maryland on Saturday, July 1 and the rollout was well organized by all accounts, that is if you didn't mind waiting in line. Medical marijuana cardholders and newcomers had only to show their IDs before they stepped through the doors of the dozens of weed shops that welcomed them all around the state. 

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Tobacco Vs. Cannabis: Why Doesn’t The U.S. Government Want Our Money?

Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate income taxes.

BTI