CNBC: "Cannabis Gold Rush"
CNBC is airing Cannibis Gold Rush, concentrating on Colorado's medical marijuana industry.
CNBC's "Marijuana USA" goes inside a flourishing medical pot industry. In Colorado, the demon weed is rebranded as a natural herbal remedy with healing powers that even respectable citizens can enjoy. We meet two restaurant owners who are about to launch a new line of cannabis-infused edibles. And, we’ll go inside a clinic where marijuana is almost always the doctor's order.
In this bold new era of greater marijuana acceptance, the business still remains in violation of federal laws. But, the entrepreneurs have asked to be regulated, licensed and taxed – just like any other trade. After more than seventy years as an illegal drug, is it possible that marijuana’s moment has arrived?
The program then moves on to Appalachia where the war on drugs is continuing, especially in Kentucky. Finally, it goes to Portugal, and looks at Lisbon's relaxed drug laws and its subsequent drop in youth drug use.
Medical marijuana is earning a lot of revenue in sales tax. Here are the numbers for Colorado Springs. [More...]
< Can Bill Clinton Save Obama's Tax Cut Deal | Saturday Morning Open Thread > |