High: 54º Low: 49º
High: 64º Low: 38º
High; 68º Low: 43º
Colorado State Makes Less Money From Pot Than Expected
Denver, Colorado (CNN) - The increase in revenue from Colorado’s new marijuana taxes -- is expected to be half of what the voter guide estimated last year. Maybe less. That's in part - because the state may have overestimated how much of the drug the average user will buy.
There's also an unexpected increase in medical marijuana patients -- who *don't* have to pay the new taxes. Some lawmakers say this is happening because medical marijuana is cheaper than recreational marijuana. That's partly because patients don't pay the recreational pot tax which means the state makes less money.
The state could just get rid of medical marijuana altogether and force everybody to pay the tax.
But lawmakers say that seems unlikely.
That would require us to go back to the people with constitutional amendment, deal with marijuana again, I don't know if anybody wants to do that, but I think we're going to want to do is address the issues, make sure the medical marijuana is truly being used for the people who are using it for medical purposes.
Another legislator says he's also heard of more people using medical pot -- for medical reasons.
Now that pot is less taboo, some people are switching to it instead of using prescription pain pills.