7:55pm January 1, 2014

Marijuana law takes effect in Colorado, $70 million in tax revenue anticipated


Colorado’s new voter approved, recreational marijuana law takes effect today. Adult Colorado residents will now be able to legally purchase up to one ounce of marijuana, while visitors can purchase a quarter ounce from government approved retailers.

Colorado and Washington voters approved ballot measures in 2012, and Colorado is the first state to implement the recreational marijuana law.

According to The Huffington Post:

“In November, Colorado voters also approved a 25 percent tax on all recreational-marijuana sales. The taxes are expected to generate roughly $70 million in additional revenue for the state in 2014.

“I think it’s a success story,” said state Rep. Dan Pabon (D-Denver), who helped write the state’s marijuana law. “But I think it’s actually much broader than a marijuana success story — this is Democracy and public policy making at its best.”

Pabon also noted that the law is only as good as its enforcement, and that it will truly be tested in the months following Jan. 1.”

Other states are expected to follow Colorado and Washington’s lead with signature gathering for similar initiatives underway in California and in Oregon. A recent poll shows that support for legalization in California is running high at 60% with the state’s registered voters.

A recent report published by the American Civil Liberties Union shows that blacks are more likely to be arrested for marijuana possession than their white counterparts. Most Latino arrests have been miscounted as “white arrests” according to the same report.

About the Author

Adriana Maestas
Adriana Maestas is the senior contributing editor of Politic365.com. The ideas and opinions expressed in this article are solely those of the author, and have complete editorial independence from any Politic365 partners, sponsors, or advertisers. For additional information about Politic365, please visit http://politic365.com/about/.



H.R. 3713: Urban League, FAMM Voice Concerns on #JusticeReform Bills

In a striking statement that’s a departure from the views of other major civil rights groups, National Urban League President Marc Morial expressed concerns with the two leading sentencing reform bills in Congress: S. 212...
by Lauren Victoria Burke


Rep. John Conyers Supports Criminal Intent Bill, Catches Hell From Left

Other Democrats have been criticized for it, but they weren’t in the position of actually passing legislation on the issue. As of yesterday, the most senior Democrat on the House Judiciary Committee is.  Rep. John Conyer...
by Lauren Victoria Burke


Nov. 18: Goodlatte-Conyers Bill with New Heroin Penalty Heads to Cmte.

Legislation authored by House Judiciary Chairman Bob Goodlatte (R-VA) and ranking Democrat John Conyers (D-MI) that includes an expanded penalty for heroin containing fentanyl, will be considered by the full House Judiciary Co...
by Lauren Victoria Burke



Hollande Plans Response to Worst Attack in Paris Since WWII

French President Francois Hollande is preparing a response to the attacks on his country. “This is an act of war” Hollande said regarding the near-simultaneous attacks in Paris that killed nearly 130 people and lef...
by Lauren Victoria Burke


Someone Ask Bobby Jindal to Explain Glenn Ford and Albert Woodfox

“What’s your biggest weakness,” was the first debate question for 8 Republican candidates for President one night.  Someone could have answered for Louisiana’s Governor Bobby Jindal, because the answer ...
by Lauren Victoria Burke


One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>