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eridani

(51,907 posts) Mon Feb 24, 2014, 10:06 AM Feb 2014

Rocky Mountain High: Colo. Has A Billion-Dollar Pot Industry

http://readersupportednews.org/news-section2/342-198/22232-rocky-mountain-high-colo-has-a-billion-dollar-pot-industry

Gazing into the crystal bong, Colorado's future is looking pretty flush with cash, thanks to tax and fee revenues from pot legalization.

State legislators are reporting they expect legal recreational pot sales to fill the state's tax coffers with more than $118 million in the first full fiscal year since legalization, starting in July. Include medical marijuana taxes and the number goes up to $134 million. Overall, the industry is said to be worth nearly a billion dollars in sales in its first year.

<snip>
Hickenlooper said the state intends to use the bulk of the money for schools, substance abuse treatment and preventing young people from getting stoned. The latter will get more than $45 million in funds. By comparison, a little over $15 million will go into law enforcement and regulatory oversight of the industry.

6 replies

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Rocky Mountain High: Colo. Has A Billion-Dollar Pot Industry (Original Post) eridani Feb 2014 OP

Wasting money there on "preventing young people from getting stoned" n2doc Feb 2014 #1

I disagree.... Lochloosa Feb 2014 #3

I wish it would go to pipoman Feb 2014 #2

This reality will eventually sink in n/t RainDog Feb 2014 #4

Screw law enforcement, put their money into beautiful parks for the stoners to hang out in NightWatcher Feb 2014 #5

i'm expecting my city to cut its nose of to spite its face fizzgig Feb 2014 #6

n2doc

(47,953 posts)

1. Wasting money there on "preventing young people from getting stoned"

Reply to eridani (Original post)

Mon Feb 24, 2014, 10:32 AM

Feb 2014

Should put that money into general education. People will do what they want to do regardless of how many stupid ads they see.

Wish other states would see the light.

Lochloosa

(16,068 posts)

3. I disagree....

Reply to n2doc (Reply #1)

Mon Feb 24, 2014, 01:11 PM

Feb 2014

It keep me from smoking pot till I was....oh....16

pipoman

(16,038 posts)

2. I wish it would go to

Reply to eridani (Original post)

Mon Feb 24, 2014, 10:37 AM

Feb 2014

Repairing the damage done to mental health and addiction services by raygun. I attribute much of the violent crime in this country to our failure to address the needs of the mentally ill. Since raygun much of the mentally ill community end up in jail or prison instead of receiving the health care they deserve.

RainDog

(28,784 posts)

4. This reality will eventually sink in n/t

Reply to eridani (Original post)

Mon Feb 24, 2014, 01:44 PM

Feb 2014

NightWatcher

(39,343 posts)

5. Screw law enforcement, put their money into beautiful parks for the stoners to hang out in

Reply to eridani (Original post)

Mon Feb 24, 2014, 01:48 PM

Feb 2014

Green spaces are the way to go.

fizzgig

(24,146 posts)

6. i'm expecting my city to cut its nose of to spite its face

Reply to eridani (Original post)

Mon Feb 24, 2014, 02:25 PM

Feb 2014

they passed a temporary moratorium on retail shops last year, it's supposed to expire next month and i half anticipate a permanent ban coming from them. they banned mmj dispensaries a few years ago, but voters overturned that.

i have lost track of how many breweries or brew pubs we have, but OMG DEMON PLANT!!!

i think people are getting real sick of the council's shit when it comes to pot.

county hasn't banned them, but they're moving very slowly.

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