Regardless of where you stand on the Medical Marijuana debate, there is one thing that it seems everyone can agree with … by not taxing Marijuana, the government is loosing out on a LOT of money.

Denver City Council members Charlie Brown and Chris Nevitt are polar opposites on how much regulation the burgeoning medical marijuana industry should face. Nevitt doesn’t understand why Brown is pushing for more regulation. Brown can’t understand why Nevitt doesn’t support requiring marijuana dispensaries to apply for a license similar to what establishments serving liquor must seek. But on one issue the two council members are in agreement: They both think the city should start seeking sales tax revenues from those dispensaries selling medical marijuana. “We’re leaving a lot of money on the table,” Nevitt said. Source: www.denverpost.com

Now that’s an understatement. By some estimates, California is loosing out on tens of billions of dollars. I know we are talking about Denver here, but I am sure even Colorado can squeeze a few billion out of the states potheads … err, Medical Marijuana users.

Its interesting to note, currently only 14 states in the USA have approved Medical Marijuana. While Colorado is one of them, they still haven’t worked out the details on how to properly deal Marijuana, so the poor potheads … oh, sorry again, Medical Marijuana users are completely jonesing.

Lastly, lets be honest, if Charlie Brown says that Medical Marijuana is OK, whose to argue with him?