10 Numbers about pot in Colorado that don’t include 4-20
Rocky Mountain PBS I-News
Most Coloradans probably know that 4-20 — April 20 — has become the day for celebrating marijuana. Although the origin is still debated, 4-20 is probably the most popular numeric reference to pot. Rocky Mountain PBS I-News has compiled a list of less well-known figures; a paint-by-the-numbers picture of cannabis in Colorado.
1. 71 percent.
Recreational marijuana has been legal under state law for more than a year, but you can’t sell or legally buy cannabis in much of the state. Seventy-one percent of the state’s 321 jurisdictions ban all medical or recreational marijuana dispensaries, according to Colorado’s Marijuana Enforcement Division.
There are 698 storefronts you can walk into to buy medical or recreational marijuana as of today, more than triple the number of Starbucks (216) in the state.
In the Denver Metro Area, consumers can expect to pay around $228 dollars for an ounce of pot, according to a survey by the Colorado Pot Guide.
4. $90 million.
Canna-business has generated $90 million in taxes, licenses and fees for the state since fiscal year 2013. That’s also almost as much money as Colorado taxpayers should expect next year in refunds ($94 million).
The cannabis industry also has created new jobs. There were 15,992 people licensed to work in the industry in February. That’s about the same as the number of high school teachers in Colorado.
Last year, the Marijuana Enforcement Division fined pot shops and producers $413,500 for violating regulations, including keeping workers licensed, staying within the legal limit of how much pot they can keep on hand and disposing of cannabis waste properly
Then there are medical patients who don’t go to licensed stores but instead turn to caregivers, legal under Colorado law. Patients must still register with the state and get certified by a doctor. So far, about 800 of the state’s 13,400 active physicians have signed medical marijuana cards for 114,290 patients.
It costs $15 to obtain a medical marijuana card this year. In 2007, it cost $110.
9. 4.8 million.
In the first year of legalization in Colorado, consumers bought 4.8 million units of edible cannabis products, such as cookies or chocolates infused with THC.
Consumers bought 148,238 pounds of marijuana in Colorado last year, or more than 74 tons. According to our research, that’s heavy, weighing as much as about 24 Chevy Suburbans or eight Tyrannosaurus Rexes.
Sources: Colorado Department of Revenue, Marijuana Enforcement Division Annual Report (Feb. 27, 2015). Medical Marijuana Registry Program Update (Feb. 28, 2015). Starbucks Investor Relations, Supplemental Financial Data. Kaiser Family Foundation, State Health Facts. Marijuana Enforcement Division’s report on fines, suspensions and revocations of marijuana industry licenses during 2014. Department of Revenue report on Marijuana Taxes, Licenses, and Fees Transfers and Distribution Study estimating T-Rex weight Bureau of Labor Statistics estimates of number of secondary school teachers. Colorado Pot Guide map of counties where marijuana is not allowed.
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