Argyll Free Press

Growing News Network

Saturday, January 16, 2021
Log in
  • Business
  • Finance
  • Sports
  • Tech & Science
    • HP Envy 4500 Review
    • LG Optimus 170 Review
    • iPod Touch 6th Generation Review
    • HTC One M8 Accessories Set-up
    • Surrealist Games You Must Play
    • Hisense Sero 8 Review
    • Dell Latitude e7440 Review
    • HP Laserjet 1536dnf mfp Review
    • Garmin Fenix 2 Review
    • Skype Vs Viber
    • Best Video Conferencing Software
    • Sony mdr 1r Headphones Review
    • Canon Rebel t3i Review
    • Sennheiser Momentum 2-0 Review
  • Travel
  • Headlines
  • Health
  • United States

The Price Of Marijuana Has Decreased In Colorado

By Leave a Comment

price decreases for legal marijuana in Colorado

The price of legal marijuana in Colorado has significantly decreased

One of the two U.S. states to legalize marijuana in 2012, Colorado, has excellent reports concerning the legalization of the drug. According to recent news, the sale of both recreational and medical marijuana has increased the state’s earnings by $1 billion of which $135 million consisted in licensing revenue and taxes.

Officials mentioned that most of the additional revenue would be allocated to drug abuse plans, law enforcement, and Colorado schools.

Colorado marijuana consumers will be pleased to find out that legal cannabis prices are now similar to the ones on the black market. The prices decreased from $2,600 per pound in 2015 to $1,600 today. The significant drop has made cannabis more accessible to average customers. Moreover, as consumers will buy the drug legally, this could be translated into more income for the state’s government.

The most simple reason for this decrease could be to enhance the conflict among modest licensed marijuana dispensaries which are appearing to expand in number. However, big businesses do not seem to be in sight of this decrease as the U.S. administration recently chose not to reclassify the drug. It is still an illegal substance or a Schedule 1.

Although the approval of the legalization of marijuana took place at the ballot box, municipalities throughout Colorado were less excited to adopt legal marijuana. Amendment 64 allowed private districts to determine whether to let the marijuana business take root.

168  of the  271 municipalities in Colorado have prohibited the cultivation and sale of retail cannabis. According to the Colorado Municipal League, eight more districts have moratoriums in the discussion.

The deputy manager of the Colorado Municipal League, Kevin Brommer, mentioned that his opinion is that officials established measures to prevent retail marijuana commerce because of the anxiety that it could rise in drug usage among teenagers. Moreover, officials fear that the legalization could lead to crime in neighborhoods adjacent to marijuana stores.

The state has allowed around 450 retail marijuana stores, not including producing facilities, cultivation sites, and examining locations. Denver has more than 200 such shops which could lead to saturation because of the prohibition in other states.

A spokeswoman for the city mentioned that Aurora, a Denver adjacent has implemented a moratorium in 2014 on retail stores to allow the city to create a regulatory system.

Image source: Flickr

The following two tabs change content below.
  • Bio
  • Latest Posts

Roxanne Briean

I am a geek, a gamer and a writer. I have always been fascinated with the online community. At the moment I work as a full-time writer and study interior design. When I'm not scouring the net in search of interesting new gadgets and software I spend my time in MOBAs or drawing.

Latest posts by Roxanne Briean (see all)

  • Former Virginia Tech Freshman Sentenced to 50 Years in Prison for Stabbing a Girl to Death - January 16, 2021
  • San Francisco Woman Threatened to Call Police on Girl Who Sold Ice Water for Disneyland Trip - January 16, 2021
  • Epping Woman Sentence to 20 Years of Prison for Mutilating Homeless Woman’s Children - January 16, 2021

Filed Under: Business

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 9 other subscribers

Recent Articles

German Man Probed In Poisoning That Killed 21 Employees Since 2000

German Man Probed In Poisoning That Killed 21 Employees Since 2000

By

Intoxicated South Carolina Man Punches Waitress Who Refused to Serve Him Alcohol

Intoxicated South Carolina Man Punches Waitress Who Refused to Serve Him Alcohol

By

New Zealand gamer Who Flew Halfway Across The World for Virginia Teen Gets Shots By Her Mother

New Zealand gamer Who Flew Halfway Across The World for Virginia Teen Gets Shots By Her Mother

By

Former Virginia Tech Freshman Sentenced to 50 Years in Prison for Stabbing a Girl to Death

Former Virginia Tech Freshman Sentenced to 50 Years in Prison for Stabbing a Girl to Death

By

British Couple Sentenced to Life in Prison for Torturing and Murdering French Nanny

British Couple Sentenced to Life in Prison for Torturing and Murdering French Nanny

By

Texas Father of Girl Disappeared in the 80s Ignored by Authorities

Texas Father of Girl Disappeared in the 80s Ignored by Authorities

By

San Francisco Woman Threatened to Call Police on Girl Who Sold Ice Water for Disneyland Trip

San Francisco Woman Threatened to Call Police on Girl Who Sold Ice Water for Disneyland Trip

By

Missouri Man Robbed by Date and Accomplice in Park

Missouri Man Robbed by Date and Accomplice in Park

By

New York Man Sentenced in Cyberstalking Former Girlfriend, Mailing Drugs to Her Dorm

New York Man Sentenced in Cyberstalking Former Girlfriend, Mailing Drugs to Her Dorm

By

Bose Poised to Launch Sleepbuds, In-Ear Headphones That Help You Sleep

Bose Poised to Launch Sleepbuds, In-Ear Headphones That Help You Sleep

By

Intoxicated Female Driver in Custody for Pulling Arresting Officer by the Hair

Intoxicated Female Driver in Custody for Pulling Arresting Officer by the Hair

By

Restaurant Manager Arrested and Charged in Shooting Death of Co-Worker over Negative Yelp Reviews

Restaurant Manager Arrested and Charged in Shooting Death of Co-Worker over Negative Yelp Reviews

By

Pennsylvania Couple Charged in Violent Death of Infant Discovered Buried in Cat Litter

Pennsylvania Couple Charged in Violent Death of Infant Discovered Buried in Cat Litter

By

Minnesota Teen Gets Head Stuck In Oversized Tailpipe Winstock Music Festival

Minnesota Teen Gets Head Stuck In Oversized Tailpipe Winstock Music Festival

By

Pages

  • About Us
  • Contact us
  • Privacy Policy
  • Privacy Policy GDPR
  • Staff
  • Terms and Conditions

Recent Posts

  • German Man Probed In Poisoning That Killed 21 Employees Since 2000
  • Intoxicated South Carolina Man Punches Waitress Who Refused to Serve Him Alcohol
  • New Zealand gamer Who Flew Halfway Across The World for Virginia Teen Gets Shots By Her Mother
  • Former Virginia Tech Freshman Sentenced to 50 Years in Prison for Stabbing a Girl to Death
  • British Couple Sentenced to Life in Prison for Torturing and Murdering French Nanny
  • Texas Father of Girl Disappeared in the 80s Ignored by Authorities
  • San Francisco Woman Threatened to Call Police on Girl Who Sold Ice Water for Disneyland Trip

Related Articles

  • Bitconnect logo

    Controversial Crypto Exchange Shut Down for Being a Ponzi Scheme

  • Samsung Galaxy S6 Edge

    Samsung’s Operating Profit Jumps 64%, Annual Sales Hit Record Highs

  • Walt Disney 21st Century Fox

    Disney Wants a Big Slice of 21st Century Fox

  • News in a newspaper, on a mobile app, and on a tablet

    Google Gives a Helping Hand to Online Publications By Giving Up on the First Click Free Rule

  • Dakota Access Pipeline protest

    Dakota Access Pipeline Developer Now In Legal Battle With Greenpeace Activists

  • request a drive for someone else

    Uber Adds a New Feature. Requesting a Drive for Someone Else is Now Possible

  • British Airways encountered computer glitch

    British Airways Travelers Delayed By Computer Glitch

  • Coca-Cola and the company's good deeds

    The Good Deeds of Coca-Cola

  • Cisco HQ

    5,500 Cisco Employees to Lose their Jobs amid Shifting Business Model

  • Ruger pistol

    America’s Largest Gun Maker Posts Record Sales, Worries about Clinton

Categories

  • Business
  • Entertainment
  • Finance
  • Headlines
  • Health
  • Life
  • Nature
  • Science
  • Sports
  • Tech & Science
  • Travel
  • Uncategorized
  • United States
  • World

Copyright © 2021 ArgyllFreePress.com

About · Privacy Policy · Terms of Use · Contact

Cookies

This website uses cookies to ensure you get the best experience on our website. Learn more.