“I’ve seen some really large numbers in terms of the amount of cash flow that would come into the government as a result of just a normal excise tax regime.” Says Canopy Growth CEO David Klein 

State lawmakers have proposed marijuana legalization as a needed economic injection following the coronavirus pandemic. Should states continue to legalize, one top cannabis executive believes the feds will soon be forced to end prohibition nationwide within the next couple years.

“My assumption is that 2022, for me, is the magic number,” Canopy Growth CGC 0.99% CEO David Klein told CNBC’s Jim Kramer. “I think, as you watch more and more states move to legalization for medical or rec, you really bring in almost two more senators each time who are really going to feel compelled to not make criminals out of the people in their state who are doing what’s legal in their particular state.”

Read full article at

https://www.benzinga.com/markets/cannabis/20/06/16304289/leading-cannabis-ceo-says-marijuana-will-be-federally-legal-by-2022