Tag Archives: Amendment 64

Posted 5 years ago in Marijuana by Josh Crank  
Can Marijuana Lift Colorado Out of the Recession?

Colorado raked in $5 million in tax revenue in 2011 from medical marijuana businesses, and its cities collected hundreds of thousands more from the budding industry. With Colorado voters poised to legalize marijuana for recreational use this November, their tax coffers could be facing an avalanche of new funds currently being lost to the black market. But tax revenues aren’t the only potential economic benefit hinging on legal weed. If voters pass Amendment 64, which would legalize marijuana and regulate …

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