Posted on 10/15/2014 10:34:50 AM PDT by Wolfie
Colorado marijuana revenues hit a new high
New figures from the Colorado Department of Revenue show that recreational marijuana sales continued to climb in August, the most recent month for which data are available. Recreational sales totaled approximately $34.1 million in August, up from $29.3 million the previous month.
Medical marijuana also jumped sharply in August, after several months of flat or declining sales. Medical sales figures were just under the recreational total, at $33.4 million. One goal of creating Colorado's recreational marijuana market is to shift customers away from the medical market.
The numbers suggest that work remains to be done on that front. Part of the challenge is that medical marijuana is taxed at lower rates than recreational marijuana, leading to significant price differences.
Total tax revenues from medical and recreational marijuana continue to edge upward. The state took in about $7.5 million in revenues from both markets in August, or about $45 million year-to-date.
(Excerpt) Read more at washingtonpost.com ...
For at least the last 30 yrs- all I ever heard was that MJ was a gateway drug.
Suddenly it is no longer a gateway drug- what changed?? Where is all that money that has been spent preventing teenagers from starting on the evil gateway drug MJ.
They tried but could not stop the Idiocracy
I should have put semi sarcasm tag on my comment- I know what has changed.
I guess maybe it really isn’t???!!
Still a gateway drug. But more insidious by the politicians.
Those who will not learn from history are destined to repeat history.
I look at the MJ issue as similar to opium in the 18th century.
Control of the masses, make them pliable and dependent on drugs they will be easier to control.
And the "freeloader dopers" wont be so high they'll forget. Do you think legal pot will make them stay in Colorado? <---rhetorical question.
I view the issue as similar to alcohol but less dangerous
Colorado legalizes marijuana and (likely) turns into a red state. Cool!
I used to view the issue as similar to alcohol, but the reefer from years ago, is not the same as today.
My understanding is this is not the ditch weed of years gone by, this is some very potent weed.
Way I look at this stuff is the difference between a beer and grain alcohol. Both are alcohol, but they are different beasts.
I don’t think potency has much to do with it.
Definitely. They will stay here in Colorado. It helps them that their sources, the retailers and growers, are here too.
Right. Because they’d never be able to find pot in California. And if they were lucky enough to, the cops would be all over them for lighting up in public......<extreme/s
Certainly not as easily as in Colorado. Availability and access have both increased since it is now legal.
And why bother with being harassed by the police in CA when you can freely smoke it in Colorado.
A no brainer.
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