Bolster Colorado's Economy

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Bolster Colorado's Economy

Regulating marijuana like alcohol in Colorado would result in immediate savings, and it will quickly grow into a major new revenue stream for our state and localities. It will also create jobs and generate millions of dollars for our state's struggling school construction program.

According an economic analysis of Amendment 64 conducted by the Colorado Center on Law and Policy, passage of the initiative would:

  • initially result in $60 million annually in combined revenue and savings for state and local governments in Colorado, which could double to more than $100 million within the first five years of implementation;
  • save local and state law enforcement officials more than $12 million in the first year of operation;
  • generate $24 million annually in state revenue for the Building Excellent Schools Today (BEST) capital construction program; and
  • create more than 350 new jobs, the majority of which will be in the construction industry.

Generating millions of dollars for the state, creating new jobs, and supporting our schools is a huge benefit to the state, but it is not the only reason to support regulating marijuana like alcohol. It will also enhance public safety by removing marijuana from the underground market, which is currently steering all of the profits toward drug cartels and other criminal enterprises.