Legal pot will contribute little or nothing to Colorado’s bottom line

Posted in the Grand Rapids Forum

Rob

United States

#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, that’s roughly 672 million bong hits per year, which may generate as much as $130 million in tax revenue.

Ads by Google

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 state’s balance sheet.

“Revenue from marijuana taxes will contribute little or nothing to the state’s general fund,” the report concludes.

“Where I came from”

Since: Jan 09

the universe

#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.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Grand Rapids Discussions

Title Updated Last By Comments
News Shop owner will deny - openly gay' customers 12 hr Christians In Nam... 36
Art Van Scam (Oct '08) 12 hr fuckoff 49
PathologicalLliar 18 hr Batch 37 in pain_... 5
News College football roundup: Ohio State starts the... (Sep '13) 20 hr tom wingo 1,843
News This Woman Didn't Get Any Bacon In Her Burger S... Apr 16 Gerald 48
gyrocopter subverts message Apr 16 bobolinq 1
hillary clinton - 3D Apr 15 Gville Jim 3
More from around the web

Grand Rapids People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]