Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Historic Marijuana Bills Approved in Colorado (Original Post) RainDog May 2013 OP
Nice to see what a joint effort can do. abq e streeter May 2013 #1
4:20 ends prohibition in Colorado is great news-Thanks Mason Tvert.... but midnight May 2013 #2
Colorado loaned 2 million to put the law into place RainDog May 2013 #3
Great idea with no regulations no cost.... midnight May 2013 #4


(26,624 posts)
2. 4:20 ends prohibition in Colorado is great news-Thanks Mason Tvert.... but
Sat May 25, 2013, 02:44 PM
May 2013

tax was not in place per Diane Carlson-Smart Colorado, and she is concerned about this.... She believes Colorado can't afford pot... http://smartcolorado.org/colorado-cant-afford-marijuana/


(28,784 posts)
3. Colorado loaned 2 million to put the law into place
Sat May 25, 2013, 03:04 PM
May 2013

Current estimates for the cost to the buyer for one year range from $625 to $1800 a year. All note these estimates are sketchy because estimates of cannabis use were derived when the substance was illegal.

Researchers estimate that the 15% excise tax on wholesale marijuana would yield $21.7 million annually, which is far short of the $40 million annual target. To hit the target, marijuana would have to cost a lot more than the prices that have been estimated, or people in Colorado would have to buy a lot more marijuana than the forecasts project. Neither is likely to occur, the study states. “As competition forces growers and sellers to be more efficient, margins will erode, and both wholesale cost and retail prices are forecast to fall,” the report reads. And instead of usage rising year after year, the study’s authors foresee a “decline in the rate of growth of consumption as the ‘wow’ factor erodes over time, and any marijuana tourism begins to decline, particularly if other states follow Colorado and Washington and legalize marijuana.”


well, even if that wouldn't translate into a goldmine for the state tax coffers, it would definitely make it possible to pay back the state for its costs.

if voters would prefer to have no regulations on cannabis, they would have no expense from it - so I suppose that's another option.

in any case, there is no compelling reason to keep marijuana illegal. The issue of regulation is to appease those with reefer madness and to argue a case, beyond the entirely valid one that there is no reason for marijuana to be illegal other than the desire to create prohibition.

Anyone who supports prohibition, however, needs to factor in the costs of prohibition, as well, to determine whether prohibition is something worth paying for as well.

Latest Discussions»Retired Forums»Video & Multimedia»Historic Marijuana Bills ...