Colorado passes $1 billion in marijuana state revenue

CNBC ^ | Wed, Jun 12 2019 3:00 PM EDT | Eric Rosenbaum

[Galatians328]

It took the state roughly three and a half years to reach the $500 million mark in total state revenue from marijuana sales, and just under two years to double the revenue source. Cannabis sales contribute to the state's general reserve fund, as well as education and health care, including mental health services, and youth drug-prevention programs.

[Hillary'sMoralVoid]

Colorado: Short-term gain in exchange for Long-term pain

[dljordan]

“So how much have they lowered their other taxes.
Government has a never ending desire for more money.”

They want to keep our tax refund and get rid of the Tabor amendment so they can raise taxes as much as they want. The Dems control the state.

[dljordan]

“Lowered? Ha! They are still trying various ways to get around TABOR. Oh, and the roads are bad and getting worse.”

Did you see Denver elected a real Communist to the council? She says they're going to take over ‘by any means necessary’
Where have we heard that before?

[AppyPappy]

If you are on The Disability/Medicaid and you smoke weed, you probably should move to a weed legal state.

[logi_cal869]

It’s a freaking WEED. Literally. What time & effort? Seriously?

[CtBigPat]

Meanwhile, here in Connecticut, they miss out on millions in taxes as weed is still illegal but they want to put tolls on every highway.

[DoughtyOne]

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Just $428.00 dollars to 98.00%

[AppyPappy]

They are stoners. Any effort or expense is a burden.

[exDemMom]

I do not think that marijuana will be legalized in all states. The more people see of its destructiveness, the less likely they will be to want that in their own states.

I did have a connecting flight through Denver a few days ago. I wondered if all of those airport personnel were sober. Legalization policies affect many aspects of society, not just the addicts and their families.

[ican'tbelieveit]

So far, we still have TABOR protecting us. But they keep trying to chip away at it.

[ican'tbelieveit]

Yes, there is more homeless here. Most likely due to legalized pot. But my guess is that many of them will move on for more mild climates in Oregon, Nevada, California. As legalized marijuana spreads across the country, homelesness concentrations will equalize.

Colorado ranks well nationally for health. Colorado is not all about legalized marijuana. We have one of the best outdoor activity industries in the nation. People are healthy here. Things like most active, lowest obesity, etc.

Some things are getting worse such as road congestion, and auto accidents. But, our economy, thanks to our laws supporting limited government, is one of the hottest in the nation. So, again, people are coming to here for more than drugs. There are jobs here from energy to STEM to tourism.

[Paal Gulli]

"...$1 billion in marijuana state revenue..."

Colorado has a marijuana state? Who knew?