Indopedia All Things Marijuana
In the not so distant past, America’s legal gamblers were largely restricted to only two places for government approved slot machines and blackjack games: the deserts of Nevada or New Jersey’s neon-soaked Atlantic City. However, lenient state laws and the prevalence of Native American casinos have turned AC into a ghost town, and left New Jersey lawmakers looking for a new ace in the hole to boost their current state funding.
According to Bloomberg News, a number of Garden State politicians are looking towards legalizing cannabis for that exact reason, with all indicators pointing to recreational cannabis legislation passing in 2018, and pot shops opening their door to the general public in 2019.
Since 2006, New Jersey’s gambling revenue dropped sharply, with 12 casinos shutting their doors entirely, and 11,000 jobs disappearing into the ocean air.
“God knows we need every penny we can find,” Phil Murphy, the state’s 2018 gubernatorial race front runner, said. “That’s $300 million to $500 million we don’t have at the moment that we could use.”
State lawmakers have already taken trips to Colorado to research the state’s thriving legal weed…
