420 with CNW – Four Key Lessons After Four Years of Recreational Marijuana in Colorado
Last year Colorado marked four years of legal marijuana sales and the data from the state government shows a number of lessons that other states can learn from Colorado’s experience. The following are some of those key lessons. The Revenue Potential is High It wasn’t just hype when marijuana legalization advocates campaigned on the promise that legalizing marijuana would be good for the economy. Colorado’s data reveals that cannabis sales amounting to more than $6 billion were recorded between 2014 and 2018. These sales resulted in tax revenue exceeding $1 billion, and the state coffers are the better for it.…