The village idiot of Las Vegas updates his friend Fred about the marijuana business in Las Vegas.

"I'm in love with Mary Jane. I'm not the only one. If Mary wants to play around, I let her have her fun. She's not the kind of girl that you can just tie down. She likes to spread her love and turn your head around. Do you love me Mary Jane?"

Mary Jane - Rick James

"What do you hear about the marijuana business in Las Vegas?" - Fred was requesting more information about a budding, no pun intended, business in Nevada - "It looks like the medical dispensaries are going to start popping up left and right in the next three to six months," I tell him - I then add, "They solved the pesticide problem that was holding up grow season - Mary Jane is just around the corner."

We chat about the weather for a few minutes and he says - "When do you think it will be fully legalized?" I answer, "My sources tell me they will be following the Colorado model, meaning, a vote for legalization will be on the ballot in 2016. Everyone expects it to pass. Give it a year in regulation and come January 1st, 2018 (first day of legalization) the Las Vegas valley will be one big cloud of marijuana smoke."

One of the things I admire most about Fred is his nose for the dollar - "What are some of the projections you are hearing. Is it going to be anything like the money Colorado makes?" - I say with emphasis - "Fred, the higher up are stating 1.5 to 2 billion in taxable revenue two or three years into legalization. You know it is going to get taxed at 20% to 30%. I'm not great at math, but I can still figure it out...four to six hundred million dollars in new tax revenue!"

We chat about the weather again for a few minutes and he says - "It sounds like businesses are going to start printing money real soon." When he wants to he can be very perceptive - I answer - "Yes sir, the indicators are all pointing that way." I then close with, "There is one thing that is totally indisputable about the whole marijuana game." Fred asks- "What?" - I say firmly, "The state is beyond broke! It needs new taxable revenue any way it can get it. Besides, people are going to use marijuana irregardless of whether it is legal or not...so you might as well legalize and tax it.