Colorado saw monumental success with cannabis legalization. The state legalized cannabis in a vote back in 2012. The law officially went into place on January 1st of 2014. When cannabis sales began, there were all kinds of accusations about what it would do to the state of Colorado. People were jumping to conclusions that underage cannabis consumption would increase significantly along with automobile fatalities on the highways. Apparently, kids were going to smoke weed as much as they could. In addition, everybody would forget how to drive because they were high.
Proving the Naysayers Wrong
Statistics are showing that what these negative Nancys and naysayers believed turned out to be hogwash. Statistics are showing that underage cannabis consumption has not increased in the state of Colorado and in some reports it shows a decrease in underage cannabis consumption. Highway fatalities have not risen significantly in the state of Colorado compared to states that do not have legal cannabis. In addition, the legal cannabis industry in the state of Colorado has pulled in nearly 1 billion dollars in cannabis tax revenues.
Educational Benefits are Significant
Part of the benefit from this almost 1 billion dollar revenue increase for the state of Colorado was 12.8 million dollars going to help fund Colorado’s education programs. 15 Denver schools have gained training programs.
Also, these tax dollars have helped to create eight youth diversion programs and a program called “High Costs.” High Costs is a youth education and prevention program. Colorado officially collected $883,885,907 dollars’ worth of cannabis tax revenue. The legal cannabis industry, however, has cultivated close to 6 billion dollars in sales since 2014.
With statistics like this, it should be hard for other states to continue to enforce cannabis prohibition. How could anyone not support legalization when you look at the plethora of benefits it produces? Not only is it good for people, but it is also good for the economy and the environment. Here at Roottie, we can’t wait to report these successes in other states as they come on board with legal cannabis markets over the next few years!