If President Trump Wants Jobs, This Report Says He Should Leave Marijuana Alone

President Trump promised in his inauguration speech to create 25 million new jobs for Americans in the next decade. A new report indicates one way to help get to that goal is to allow states that have legalized marijuana to move forward uninterrupted.

New Frontier Data, which specializes in data analysis for the cannabis industry, recently published a report projecting that legalized marijuana will create close to 300,000 jobs over the next three years. But is this projection realistic?

Calculating from Colorado

Colorado was the first state to legalize recreational marijuana, changing its laws in 2013 with legalization taking effect in 2014. At the end of 2015, over 2,500 businesses were licensed in Colorado to sell marijuana, according to research performed by the state's Department of Public Safety.

These new businesses are estimated to have created 20,000 new jobs in Colorado. There has also been a positive but unmeasured impact...

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