• AERO2.46+0.00 +0.00%
  • AGTK0.0114-0.0012 -9.5238%
  • AMMJ0.64-0.06 -8.52%
  • ATTBF0.1558-0.0032 -2.0126%
  • CANN1.20-0.04 -3.23%
  • CARA12.43+0.06 +0.49%
  • CBDS2.83-0.12 -4.07%
  • CGRW0.86565+0.00565 +0.65697%
  • CNAB0.69-0.03 -4.17%
  • DIDG+0 +0%
  • EDXC0.05165-0.00035 -0.67308%
  • FULL2.67+0.00 +0.00%
  • GBLX0.225-0.005 -2.174%
  • GRNH0.033-0.003 -7.042%
  • GWPH107.63-1.77 -1.62%
  • HEMP0.01965-0.00035 -1.75000%
  • INCC0.0004+0.0001 +33.3333%
  • INSY7.61+0.02 +0.26%
  • LXRP0.39+0.02 +5.41%
  • MCIG0.1693+0.0018 +1.0746%
  • MJNA0.069-0.002 -2.439%
  • MJNE0.983+0.063 +6.848%
  • MNTR0.811-0.039 -4.588%
  • NDEV0.2899+0.0099 +3.5357%
  • NTRR0.081+0.006 +8.725%
  • OXIS0.063-0.029 -31.522%
  • PMCB0.05665-0.00135 -2.32758%
  • PLPL0.009-0.000 -4.255%
  • RSSFF0.05712-0.00068 -1.17647%
  • SPRWF1.11+0.03 +3.06%
  • SRNA0.1075-0.0010 -0.9217%
  • STEV0.0012+0.0001 +4.3478%
  • TRTC0.1913+0.0008 +0.4199%
  • TURV0.46-0.03 -5.15%
  • TWMJF10.129+0.674 +7.131%
  • XXII2.66-0.02 -0.75%
  • ZDPY0.80+0.02 +2.55%
  • AUDUSD=X0.7814
  • USDJPY=X113.4790
To show stock chart
MarijuanaInGolfCartImagCannabisTrainingUniversity

Marijuana Sales Can Make U.S. Tribes Richer and Poorer

The tax-free cannabis business might be a revenue gusher. Whether tribal members will benefit is another issue.

“This is going to be bigger than bingo,” James Billie told CNN over the summer.

A former chief of the Seminole, whose company MCW gives financing and legal counsel to American Indian tribes to help them grow and sell marijuana on their land, Billie could barely contain his excitement about this new venture.

With good reason. Marijuana is projected to be a $21 billion industry by 2020. Medical marijuana is legal in most states, and eight states already have recreational marijuana laws.
Read More at Bloomberg.com


CANNABIS ENTREPRENEURS
READ BLUNT

SIGN UP FOR FREE WEEKLY CANNABIS
BUSINESS NEWS, ANALYSIS AND ALERTS