High Plains Public Radio

recreational pot sales

Creative Commons

Prices for pot are plummeting in Colorado, reports Business Insider.

Last October the cost of a wholesale pound of cannabis sat at around $2,500. Since then the price has been cut by $1,000, falling to around $1,400.

9news.com

When pot was legalized in Colorado, supporters claimed the new law would add millions in tax dollars to the state coffers. Now many Coloradans are wondering where all that money is going.

News 9 in Denver decided to investigate. The truth is, marijuana is heavily taxed. And that money adds up.

In the fiscal year that ended in June 2015, recreational pot brought in a total of $129 million in state tax dollars. That’s nothing to sneeze at. It definitely helps.

Creative Commons

Pot opponents in Colorado had been gearing up to for a battle to try to force a vote on whether marijuana dealers in the state should require less-potent pot. Their proposed initiative would have also warned pot shoppers that the drug could cause brain damage and paranoia. But now these opponents have decided to give up the fight, reports Colorado Public Radio.

Backers of the measure announced Friday that they have been unable to raise enough money to advertise their plan.

Cyrus McCrimmon / Denver Post

The most organized and widespread effort yet to battle marijuana in Colorado is underway, reports The Denver Post. The state Supreme Court last week cleared the way for a ballot measure that would set new potency and packaging limits on recreational marijuana. If passed, pot packaging would have to include warnings that the product carries a risk of “permanent loss of brain abilities.” Under the measure, pot potency would also be tightly controlled.

David Zalubowski / AP photo

Pot profits are working to better the lives of Coloradans of all stripes. The third largest city in Colorado has announced that it will divert $1.5 million in marijuana tax income toward helping the homeless. The city of Aurora has now designated a number of groups to receive the funds, reports The Huffington Post.

Ryan Kang / AP photo

HPPR listeners in eastern Colorado have probably noticed the explosion in popularity of pot-infused edibles. Marijuana-laced gummy bears, brownies, lollipops and pastries are all the rage in the Centennial State. But npr.org recently asked a burning question: Just how potent are these ganja-laced goodies? The answer? No one really knows.

David McNew / Reuters

Of regional interest, in a world where marijuana is legal in many places, the way the drug is viewed by the public is changing. And along with these perceptions, the ways in which marijuana is sold, delivered and consumed are also changing.

David Zalubowski / AP photo

Colorado tourists who want to smoke the pot they’ve legally purchased are running into a problem: where to light up. There’s no smoking in the stores—or on the street, or in parks, or in most hotels, reports Colorado Public Radio. Many tourists have turned to eating their marijuana; five million pot edibles were consumed in Colorado last year.

Elaine Thompson / Associated Press

Officials and researchers from states that have legalized marijuana or are considering making the substance lawful met in Washington State this week to evaluate the impact of the legislation, reports the Washington Post. The conference drew lawmakers from the legal pot states of Washington, Colorado, Oregon and Alaska, as well as Vermont and California—states that may legalize the substance in the future.

The Colorado pot keeps stirring

Jan 6, 2015
tokeofthetown.com

The number of Colorado children treated for accidental pot consumption has doubled.  The Global Post reports numbers have reached the double digits. 

Arapahoe House Denver-area facilities have seen a 66 percent increase in the number of teens being treated for cannabis abuse.

Kevin Sabet is the president of Smart Approaches to Marijuana.  He says the brakes need to be put on the marijuana industry. 

Luke Runyon/Harvest Public Media

Colorado made history when it opened up licensed marijuana retail shops this year. Aside from just legalizing the purchase of smoke-able marijuana, it also means pot brownies have the potential to be big business. Food products infused with marijuana’s psychoactive ingredient, THC, are available in stores across the state.

An Overview of Colorado’s Recreational Pot Market

Jan 13, 2014
thecommonvision.org

Colorado is the first jurisdiction anywhere in the world to have a legal, regulated marked for recreational marijuana.  20 other states, and Washington, DC, allow the use of medical marijuana, but how does Colorado’s marijuana market function?  The Economist explains:

Garden City… Colorado, is on the edge of a busy highway intersection, nestled between Greeley on three sides, and Evans on the other.  It’s surrounded by communities banning recreational pot sales, but true to its history, Garden City is maximizing the opportunity presented by the legalization of marijuana according to the Denver Post.