Recreational Pot Booming Business for States
- 01 Aug, 2018
- William Levy
- 0
Back in Great Barrington, leaders think those jobs will help the local area: “From an economic point of view, legalizing marijuana will be extremely beneficial for the town,” says Ed Abrahams, vice-chairman of the Great Barrington Select Board. As the Pot Business Help in Reviving the State Ecomomy. “We already have four or five businesses that have told us they will employ locals. If these were toy stores, that would be the end of it, but because they are not toy stores, we also get a six percent tax on their revenues, which will be very beneficial for Great Barrington.” However, others are skeptical of the potential economic benefits. “The marijuana industry is going to cost many more jobs than it creates,” says Kevin Sabet, president and CEO of Smart Approaches to Marijuana (SAM), a nonpartisan interest group opposed to the legalization of recreational marijuana. “First of all, there are …