Legal pot will contribute little or nothing to Coloradoâs bottom line
Posted in the Grand Rapids Forum
#1 Apr 26, 2013
How much pot will Coloradans consume once it becomes widely and legally available?
About 150,000 pounds a year, according to a new study by the Colorado Futures Center at Colorado State University. The study warns its estimate is probably conservative.
Put another way, thatâs roughly 672 million bong hits per year, which may generate as much as $130 million in tax revenue.
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But despite the best efforts of Colorado pot smokers, not even that amount of toking is expected to produce enough revenue to cover the costs of regulating the industry, much less contribute to other areas of the stateâs balance sheet.
âRevenue from marijuana taxes will contribute little or nothing to the stateâs general fund,â the report concludes.
“Where I came from”
Since: Jan 09
#2 Apr 26, 2013
Why does everything always come down to collecting taxes and generating revenue for the state. The state sucks literally.
The state I am talking about, A specific mode of government: not the state of COL.
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