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Sales-of-ColoradoMarijuana-Up-Crime-Down-650x400Article by Joseph Chisarick, Liberty Voice – May 14, 2014

“Five months ago, Colorado made history by being the first state in the US to legalize the possession of small amounts of marijuana. Opponents were worried that this decision would cause an increase in crime rates, but as sales of marijuana have been increasing, instances of crime have actually gone down in the state. Some local businesses, such as the Colorado Symphony Orchestra (CSO), have even begun to incorporate the drug into advertising as a means of increasing revenue.

Sales of recreational marijuana in the state reached almost $19 million for the month of March, almost a $5 million increase from February. The first three months of recreational sales have earned roughly $7.3 million in taxes for Colorado, with taxes from medicinal weed bringing the total up to $12.6 million. Another way that this legislation is generating taxes for the state is through fees and licensing of growers and sellers, which have earned an additional $903,000 for the first three months. The fact that sales are steadily increasing indicates that the financial benefit of legalized marijuana could be a lasting one. However, lawmakers are still unsure of this, and are choosing to only plan their spending with the money that has already been earned.

The Colorado Symphony Orchestra is one group who has taken advantage of the legalization of cannabis to promote their work. The group has four shows planned for this year that will mix the musical experience with marijuana, in the attempts to draw in a younger audience and expand the appreciation of classical music. Edible Events, one of several cannabis-based event companies in the area, is organizing these events. The company provides services for private and public events involving marijuana, and also gives tours of local dispensaries and growing sites. The hope of the CSO, as well as music venues and other musical groups, is to entice a more diverse crowd to come out and experience traditional arts, such as ballet and theater. With attendance at these types of events dropping, and reaching a primarily aging audience, performs within these art styles believe that incorporating marijuana into the events could aid in making the art form popular again.”

Read the entire Liberty Voice article here… 

 

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