Post Tagged with: "colorado"

For the first time in history, a state has generated more annual revenue from taxes imposed on marijuana than from taxes imposed on alcohol. According to the Colorado Department of Revenue, the state collected nearly $70 million in marijuana-specific taxes and just under $42 million in alcohol-specific taxes from July 1, 2014 through June 30,Read More …

It will soon be a full year in which adults were allowed to purchase marijuana from state-regulated dispensaries in Colorado. We’ve already passed the two-year mark allowing adults to possess an ounce of marijuana and use privately. Some Coloradans have chosen to cultivate marijuana legally for the last two years. Other than these groundbreaking policies,Read More …

What is happening in the State of Colorado is an astonishing situation that has raised awareness among citizens and the government about the great potential of the cannabis business. The “Colorado green rush” started in 2000 when Colorado citizens voted Amendment 20 and legalized marijuana for medicinal purpose in their state. In 2008 the numberRead More …

They said the federal government could sue to block parts of the measures or send threatening letters to marijuana shops, followed up by street-level clampdowns similar to those targeting medical marijuana dispensaries the government suspects are fronts for drug traffickers. “This is a symbolic victory for (legalization) advocates, but it will be short-lived,” Kevin Sabet,Read More …