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Wednesday, September 30, 2015

Legalization of marijuana

South Dakota Sioux to open nation's 1st pot resort; idea could offer tribes new income source


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The project, according to the tribe, could generate up to $2 million a month in profit, and work is already underway on the growing facility. The first joints are expected to go on sale Dec. 31 at a New Year's Eve party.
The legalization of marijuana on the Santee Sioux land came in June, months after the Justice Department outlined a new policy that allows Indian tribes to grow and sell marijuana under the same conditions as some states.
Many tribes are hesitant to jump into the pot business. And not everyone in Flandreau, about 45 miles north of Sioux Falls, believes in the project. But the profit potential has attracted the interest of many other tribes, just as the debut of slot machines and table games almost 27 years ago.

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