Mar 122015
 March 12, 2015

colorado price legal marijuanaThe marijuana industry is booming in Colorado. Legal recreational marijuana sales began in January 2014 in Colorado. Since then, there has been a steady increase in the amount of recreational marijuana sold just about every month. Sure, there has been some months where there has been some slight dips in the numbers. But in the aggregate the numbers keep climbing, resulting in a record month in January 2015. Per the Denver Post:

Colorado pot businesses sold a record amount of marijuana in January, resulting in an excise tax of nearly $2.35 million designated for public schools, state officials said Wednesday. Based on the Colorado Department of Revenue data, around $36.4 million of recreational marijuana was sold this January, compared with about $14.69 million sold the same month last year.

“This is really what we expected and hope to see: a shift in the underground market to a regulated market,” said legalization advocate Mason Tvert. “It’s clearly generating significant revenue for the state.”

Tvert said that because most pot shops didn’t start opening until later in 2014, looking at sales numbers from this year to last might not be the best comparison. From here on out, he said he expects the amount of revenue to continue to grow, fluctuating with the ebb and flow of tourists.

Name one state in America that wouldn’t benefit from an additional $2.35 million dollars for public schools. And that’s just from one month of recreational marijuana sales in Colorado. Now consider all the other benefits of legalized marijuana – more jobs, local economies boosted, tax revenue for other public entities, saved law enforcement resources, etc. I’ll ask the question I always ask, ‘why isn’t every state doing this?’

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  15 Responses to “Record Amount Of Recreational Marijuana Sold In Colorado In January”

  1.  

    More than half of recreational sales were to non-Colorado residents. Surely other states will notice?

    •  

      The cops have noticed. They’re profiling people with Colorado license plates. And If you travel to Colorado from neighboring states, be careful.

      •  

        Yes, and some of those rural sheriffs are suing Colorado for legalizing that demon weed. Guess busting folks with a few grams of reefer in their cars is a lot easier and safer than trying to arrest dangerous criminals.

        •  

          Yep, cops love drug laws. I’ve heard that in the border areas they have people watching pot shops for out of state plates. On the way home you get stopped for some ridiculous excuse and searched.

          •  

            Drones over Wyoming!

          •  

            The war on drugs has corrupted the criminal justice system. After we abolish prohibition, we need a complete reform of our law enforcement and judicial community. They work for us, make them act like it.

          •  

            Yeah you can’t teach a dog new tricks. Cops of old must go.What we need is OATH KEEPERS.

          •  

            That’s right brother, need some new dogs.
            “Protect and Serve”
            No more
            “Harass and Abuse”

          •  

            That is complete bullshit if it’s true. Does anyone know if there’s laws regarding out-of-jurisdiction informants? Pretty sure it’s illegal, but it’d be nice to see the letter of the law (as well as proof of action) regarding that. We need to expose those police departments.

          •  

            The police can always come up with an excuse for stopping you. A friend of mine was pulled off the highway because the cop said he had a “low tire”. He was detained for half an hour while they ran him for warrants.

  2.  

    Money Talks. States Will Listen. The Sooner, The Better.

  3.  

    All the cops I spoke to in colorado loved the new state law. The response I got more than once was “i hated wasting my time when it found a little bit of weed on someone. Especially when that was the only contraband found”

    Unless you find some butt hurt cop on a bad day, I don’t think they’ll waste theirs or someone else’s time watching pot shops to find someone buying a quarter (since that’s the max you can buy from out of state).

  4.  

    I wonder what the Alcohol sales were for that period. Would’nt it be great if far more people used weed than Alcohol, think of the health benefits of no Alcohol.

  5.  

    I found a figure for Colorados Alcohol tax receipts for 2013 was $39,863,646. I could not locate the figures for 2014. I know that weed sales will eventually out sell alcohol but it may take years. Weed can give a high similar to alcohol when using the right hybrid, but without the negative health effects.

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