Pot shop owners say they have collectively made more than a million dollars statewide since 1 st January, 9 News reported.
Thousands braved freezing temperatures and hour-long lines to be among the first Americans to buy legal recreational marijuana across some 24 stores in Colorado this week, most of them in Denver.
“It’s a huge deal for me,” Andre Barr, a 34-year-old deliveryman who drove from Michigan to be part of the legal weed experiment told 9 News. “This wait is nothing.”
By all accounts, the roll-out of the nation’s first legal recreational pot shops was a success with very few hiccups.
“Everything’s gone pretty smoothly,” said Barbara Brohl, of Colorado’s Department of Revenue.
– Read the entire article at AlterNet.
5 Comments
Alcohol is 750 billion in economic activity with a lot of taxation… 30% of people participate.
10% of people participate in Mj, so, eventually, there should be about 250 billion in Mj activity.
That should present a lot of taxation well beyond the sales taxes, just as with alcohol.
Like alcohol prohibition was known as the “Grand Experiment,”
Cannabis prohibition itself was / is the experiment and the sequel was / is worse than the original prohibition.
Ending one of North America’s worst policy failures in history is not the experiment.
Does anybody know, do cities that ban sales still get a share of the taxes the state collect? I would hope not.
guy in the picture looks sooo happy. beautiful 🙂
that taxes were collected. Kaching! Asswipe politicians in other jurisdictions ought to be drooling over what they could do with that kind of cash flow.