An inside view of billionaire Richard Branson's private tour of a Colorado substance abuse treatment facility that is partially funded by marijuana tax revenue. This post from The Cannabist reveals why Richard Branson spent extra time in Colorado. After corporate mogul Richard Branson celebrated the launch of his airline Virgin America’s service to Denver International ... Continue Reading
tax revenue
The Many Good Things About Colorado’s Cannabis Legalization
Two years after cannabis legalization, Colorado is witnessing the opposite of what prohibitionists said would happen: all drug-related charges have dropped significantly, and revenue is at a record high. This post from The Mind Unleashed discusses the positive impact of Colorado’s cannabis legalization. Two years have passed since Colorado residents began legally buying ... Continue Reading
Marijuana Tax Slated to Pay for College Scholarships
High school graduates in Pueblo County will soon have a chance to avail college scholarships that come from marijuana tax revenue. This post from CNN News sheds light on the uses that marijuana tax money is going to be put to in Colorado. Starting in 2017, high school graduates in one Colorado county will be able to turn to a college scholarship funded by marijuana ... Continue Reading
Colorado’s Marijuana Sales Break Previous Records
The marijuana sales numbers in Colorado continue to build even after 18 months of the January 2014 launch of recreational sales. How long will they keep climbing higher? This post from The 420 Times reports that marijuana sales in Colorado topped $100M in August. Colorado’s pot sales top out at over $100 million for the first time in August since recreational retailing ... Continue Reading
Washington Marijuana Industry Rakes in Money for the State
This post from Marijuana Policy Project blog highlights the remarkable tax revenues generated by the Washington marijuana industry. This legal industry has also created new jobs and reduced the profits of criminals. Voters in Washington made marijuana legal for adults in 2012, but they could not purchase marijuana in regulated retail stores until mid-2014. Since then, the ... Continue Reading