Cannabis as a Driver of Economic Development


Cannabis is much more than a social phenomenon, although the recent rise to the forefront on societal consciousness is unmistakable, in view from the interstate freeways in hospitable communities. Cannabis has steadily been gaining support for more than a decade with an annual rise of three percent. The municipal authorities seem to often be the last people to get on board with cannabis licensing.

We know the usual objections are “what about the kids?”, fear of crime, reduced property values, and driving under the influence. There is data to dispel those fears.

The topic at hand, though is economic development. Small grower, processors and retailers need the opportunity to establish a business. Most of the jobs in the United States are created by sma


ll businesses. While right now it seems difficult to find people seeking work, that is bound to change in the near future, and more jobs will need to be created to keep the economy humming.

We look to forward-looking municipalities who will allow, encourage and foster cannabis genetics, propagation, cultivation, processing, and even retail co-location, like a mini-mall. A grouping of small growers with side by side facilities, testing, transport and retail would also bring an educational and training institution and one or more consumption establishments. Municipalities share a slice of revenue for each retail store, so the more stores, the more revenue. The annual tax revenue now is five figures, and soon likely to be six figures, not much for a large city, but quite a bit for a smaller township.

Done without planning, it can result in a mess. Done with good planning and foresight, it can benefit both residents and business entities.

If you need representation or help with state or municipal licensing or legislation, please contact us at info@cannabiscounsel.com


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