Big Changes (and Money) Coming to Colorado’s Marijuana Industry

Big Changes (and Money) Coming to Colorado’s Marijuana Industry

 · In 2015, the legal marijuana industry in Colorado created more than 18,000 new full-time jobs and generated $2.4 billion in economic activity, according to a first-of-its-kind analysis of the.

Though ambitious individuals from outside the medical industry can now legally attempt a foray into the retail marijuana market, applicants are still required to be Colorado citizens. The new businesses are expected to open sometime in October, but experts are unsure what effect these changes will have on Colorado’s retail market.

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Laws signed by Colorado’s governor could bring big changes to the state’s marijuana industry, including the creation of businesses where people can consume cannabis and companies that deliver marijuana products.. The changes don’t take effect immediately. voters in a city or county must first approve of allowing both new varieties of marijuana businesses.

The legal cannabis industry is projected to reach $10.8 billion in sales this year. CBS News Colorado’s experience still drives the national debate.

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Like any other industry, this one lobbies — on the federal-state conflict, among other issues. That’s unlikely to change even if marijuana is legalized nationally and the formerly black market is brought into the legal economy. Then it will be another industry, like so many others, spending money in Washington to further its interests.

DENVER (AP) – Colorado is considering an unusual strategy to protect its nascent marijuana. classification change would do much more than cost colorado tax money. "It’s a big deal for our taxation.

Colorado’s marijuana market grows up Colorado’s recreational marijuana market has been a big success by many measures. In terms of sales and tax revenue, it’s been a particularly good experience.

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 · The legal cannabis industry is booming. The expansion and growth has recently been compared to the way broadband internet spread in the 2000s, or even the dot-com boom. One of.

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Colorado’s Marijuana Legalization Rollout is a Success. and industry actors are facing a big change with very little experience, it poses tremendous risks of failure.. but in the case of.

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