Marijuana Sales Can Make U.S. Tribes Richer and Poorer

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Marijuana Sales Can Make U.S. Tribes Richer and Poorer

Flickr / Chris_Parfitt / (CC BY 2.0)

“This is going to be bigger than bingo,” James Billie told CNN over the summer. A former chief of the Seminole, whose company MCW gives financing and legal counsel to American Indian tribes to help them grow and sell marijuana on their land, Billie could barely contain his excitement.

Not only does it seem as if tribes will get regulatory advantages, but they will also be subject to fewer taxes than non-Indian neighbors in similar enterprises.

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