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FBN’s Liz MacDonald on the debate between state and federal laws on marijuana use and possession.
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Behind us now voters in Colorado and Washington approving the legalization of recreational use of marijuana yes OK -- And -- the summer commending the economic benefits of doing so tax the heck out of it.
Federal restrictions may creates -- challenges Fox Business what the intelligence is now with more.
Yeah you know this is a big fight that's breaking up the classic federalists state federal government fight right and what we're seeing as you know the Colorado.
Governor saying wait a second don't break out that she does -- the goldfish so quickly here against federal law yet.
A thanks a cut right to the -- it really much accounts it.
The law it's against the airlines still illegal under federal level right because of the -- -- technical side of that action.
We'll because there aren't mutually definitely there but I think Colin gets -- -- anyway -- the point payment.
You know banks are federally licensed and insured right price so banks cannot break federal law that -- -- shorts that means what I think is gonna collect.
You know the revenue from the from pop sales at the one point seven billion dollar industry right cons but you keep coming back to -- -- -- seem got my questions.
About this isn't really did stories which I'd never would've thought -- just to be honest you notice that you when you heard the first they would -- never put two and two together to get to the banks but.
Yeah what you've got to be Mac zealots.
It violates a community being accused of violating money money laundering laws about -- the Department of Justice -- already moved against about 600.
Medical marijuana shops in the state of California.
So you know this is that it we've got eighteen states have basically said yes to medical marijuana.
With Madonna Colorado -- in Washington as a recreational.
Recreational sales and use -- pop.
So you know not to mention that other -- -- and as a big booming ski industry I don't I wanna be at a ski slope with somebody stone behind me that's another shipment I that if they don't exhibit the federal despite its he can't.
The federal government can't force the states make something illegal but that's where the battle is going to be doing -- we percent to how much revenue taxing revenue potential there -- and this is about a 2000000000 and one point seven billion.
Saying not -- something but then need -- -- -- say so -- the second there -- a lot of drug.
Crime throughout -- still.
Drug gang crimes so you know we've seen around that marijuana clubs in California the LAPD lessons this apartment is -- at.
A tripling and robberies around -- I think -- one more -- -- with.
Now one but that's.
And see -- concludes ME GC kind of did on just on this state.
Federal argument do you see how that plays out I think -- I don't know -- have to estimate that I will make -- competent and an apology now.
This is usually -- -- on really Arab come on all right that's right.
The Mac that's a good start thinking about your own reporting on the Gallup they have a Gloria on May fox that the stock county next bottom line that's right thank you man -- appreciate that -- --
