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Colorado & Cannabis
The First Year in Review
January 1, 2015 marked the one year anniversary since marijuana became available to purchase for adults 12 and older in Colorado
Out of 321 local jurisdictions:
93 allowed the sale of marijuana in 2014
228 prohibited the sale of marijuana in 2014
A total of 827 dispensaries as of December 31, 2014
505 medical dispensaries
322 recreational dispensaries
148,238 pounds of marijuana flower were sold
That’s nearly half an ounce per person in Colorado!
38,660 pounds of recreational marijuana were sold
109,578 pounds of medical marijuana were sold
With a tax rate of 28% on recreational marijuana and 2.9% on medical marijuana:
Colorado generated $700 million dollars in revenue in 2014
Colorado generated $69 million dollars in taxes in 2014
Since legalizing recreational marijuana, Colorado has seen noticeable decreases in traffic fatalities, violent crime and burglaries, and has saved millions of dollars in law enforcement expenses.