Legalizing ganja would mean green for Texas, according to a new report released Monday by Vicente Sederberg LLP, a national firm specializing in cannabis law and policy. On top of creating up to 40,000 new jobs, the state would rake in more than half a billion dollars annually in new tax revenue. A regulated cannabis market would be a boon for Texas, said Shawn Hauser, a partner at Vicente Sederberg, who also heads the firm's Austin office. “Hundreds of millions of dollars in new tax revenue and tens of thousands of new jobs would be especially helpful in overcoming the losses stemming from the COVID-19 pandemic,” Hauser said in a news release. “Texas is leaving an enormous amount of money on the table by keeping cannabis illegal More than 1.5 million adult Texans over the age of 21 use cannabis every month, according to the report. If Texas were to regulate marijuana for adult use, it would generate around $2.7 billion per year in cannabis sales. #texas #texascannabis #texas420 #cannabis #marijuana #cannabiscommunity #hemplife420magazine #thc #hemplife420 #hemplife420news #mmjlife #cannabisculture #medicalcannabis #marijuanamovement #cbd #legalcannabis #terps #legalizeit #marijuananews #medicalmarijuana #mmj #cannabiscures #hemplifeisthebestlife #weedstagram #cannabisgram #explorepage (at Texas) https://www.instagram.com/p/CGqeuMnJt7R/?igshid=k47rs87217vx
