Alaska on Tuesday became the third U.S. state to legalize the recreational use of marijuana, but organizers don’t expect any public celebrations since it remains illegal to smoke marijuana in public.
Marijuana makes money. But legalizing it doesn’t eliminate the black market or solve a state’s budget problems. Those are the lessons from Colorado’s first full year of tax collections on recreational pot.
Colorado finally knows how much tax revenue it collected from recreational marijuana in the first year of sales, and the haul was below estimates – about $44 million.
A new app called High There! is centered on connecting people who like weed.
Democratic Gov. John Hickenlooper told lawmakers Colorado faces fiscal challenges in the coming years, but he stopped short of directing them to go to voters to allow the state to keep budget surpluses that must be refunded.
The political stories of 2014 in Colorado were filled with hype but somehow we almost always found our way back to normal.
It has almost been one year since the first recreational marijuana shops opened in Colorado, and depending on who is asked, there have been positives and negatives.
Recreational marijuana sales in Colorado have bounced back after a slow September, when Colorado notched its first month-over-month decline for the newly legal drug.
A new recreational marijuana shop could be moving into a familiar spot in Glendale, according to the Denver Post.
Recreational marijuana sellers are reaching out to novice cannabis users with a raft of edible products that impart a milder buzz and make it easy for inexperienced customers to find a dose they won’t regret taking.