Less Spending, More Revenue

Less Spending, More Revenue

For the fiscal year June 2014 to June 2015, Colorado collected $70 million in new tax revenue that primarily went to schools. Tax revenue is not, however, the only financial benefit to the state. The dramatic decrease in cannabis arrests saved millions in spending, and the lack of arrests contributed to greater involvement in the local workforce. Speaking of employment, legalization also introduced tens of thousands of new jobs, most of which paid more than $17 per hour. Colorado also benefits from a booming cannabis tourism industry that other states are now trying to emulate. The new businesses and jobs further contributed to the economy by increasing overall consumer spending and decreasing the need for unemployment assistance. For Colorado, repealing prohibition meant increased revenue and decreased spending for a much stronger state economy.

The Start of Cannabis Prohibition

Wacky Wiley

The Muckrakers!

The Pure Food and Drug Act of 1906

Prohibition Ruins Lives

Should Cannabis be Legal?

Nixon vs. Shafer Commission

Nixon vs. Lennon

Prohibition’s Racist Roots

Cannabis and the CSA

The Substance Schedules

The Controlled Substances Act

Anti-Cannabis Propaganda

Cannabis Prohibition: Founded 112 Years Ago Today

GO Bootleg and be opportunistic