A Trump Crackdown on Legal Weed Could Cost the U.S. A Quarter Million Jobs

Legal weed is expected to create more than a quarter million new American jobs by 2020, according to a new study. That is, unless a potential federal crackdown snuffs out the growing industry in states where marijuana is now legal.

report released recently by New Frontier Data, a Washington, D.C., startup linked to a group of marijuana industry investors, projects that legal marijuana sales will surpass $24 billion nationwide by 2025 and create at least 280,000 jobs within the next three years.

But the rosy projection, based on data collected by Colorado during an analysis of the state’s legal weed economy, is contingent on federal authorities allowing the status quo to remain in place. And that’s a proposition that looks increasingly shaky.

White House Press Secretary Sean Spicer said last week that the public can expect to see “greater enforcement” of federal marijuana laws under President Donald Trump. Spicer indicated that Trump...

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