OK, let’s look at this from a purely economic standpoint. It’s common knowledge that some of the highest quality pot is grown in Kentucky. Let’s say the legislators in Frankfort decide one day that marijuana should be legal. Based on where it’s already legal, the price will drop significantly.
Now look at the surrounding states. Do you see how much easy revenue can be generated as buyers crass state lines to take advantage of the weed next door?
Kentucky is a poor state. The jobs it’s trying to keep are fading away fast. The coal industry is dying and the fact that Kentucky’s congressional delegation is still pushing it is a waste of time.
Pot is all over the place. It’s renewable. And no matter what laws are passed, people are still going to spend billions of dollars to get stoned.
And society is not going to collapse with legalization.
Take advantage of the market. Use the tax revenue to rebuild infrastructure that will bring real jobs to the state. And set aside a reasonable percentage to pay for substance abuse programs. This isn’t wild speculation. It could actually work.