Three months since legalising marijuana, here's what Colorado looks like

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Three months since legalising marijuana, here's what Colorado looks like

12 May 2014

Colorado's pot sales are booming. The state's Department of Revenue reports that marijuana retailers sold nearly $19 million in recreational weed in March, up from $14 million in February. The first three months of legal weed have netted about $7.3 million in taxes, not including medical marijuana sales taxes and licenses, which bring the number to $12.6 million.

Over the same time period, crime in Denver has slightly declined, making opponents who said it would result in more trafficking seem kind of silly. It's created a modest number of jobs ranging from 'budtending' and marijuana journalism to farm labor and ownership. And the state has even created a banking system that complies with the U.S. treasury system's guidelines, clearing up the last regulatory questions.

The Colorado legislature has already formed a plan to spend $33 million of the marijuana taxes on school nurses and public education on marijuana.

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