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    All Forums | General Discussion

    Colorado pot revenue comes in way short of estimates

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    spocsstocks
    MetalGods
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    spocsstocks
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    Posted: Feb. 12, 2015 - 5:12 PM ET #1

    https://www.thedailybeast.com/articles/2015/02/12/colorado-s-pot-revenue-goes-up-in-smoke.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedailybeast%2Farticles+%28The+Daily+Beast+-+Latest+Articles%29

    They expected pot sales to bring the state 70 million dollars in taxes.  In actuality it only brought in 44 million.  About a 30% miss.  Perhaps it just goes to show legalizing illicit drugs isn't a good idea.  They would make more money keeping it illegal and fining people or putting them in jail for a few days. The people smoking it were so tweaked out they thought it was going so good they were going to get money back on there taxes from it. 

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    https://www.thedailybeast.com/articles/2015/02/12/colorado-s-pot-revenue-goes-up-in-smoke.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedailybeast%2Farticles+%28The+Daily+Beast+-+Latest+Articles%29

    They expected pot sales to bring the state 70 million dollars in taxes.  In actuality it only brought in 44 million.  About a 30% miss.  Perhaps it just goes to show legalizing illicit drugs isn't a good idea.  They would make more money keeping it illegal and fining people or putting them in jail for a few days. The people smoking it were so tweaked out they thought it was going so good they were going to get money back on there taxes from it. 

     
    MetalGods
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    Posted: Feb. 12, 2015 - 5:27 PM ET #2

    if they catered to the pot tourists I'm sure the revenues would be much higher
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    if they catered to the pot tourists I'm sure the revenues would be much higher
     
    MetalGods
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    Posted: Feb. 12, 2015 - 5:30 PM ET #3

    And most stoners are probably still buying from a dealer due to the extreme markup (taxes) on the products at the local dispensary.
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    And most stoners are probably still buying from a dealer due to the extreme markup (taxes) on the products at the local dispensary.
     
    THEMUGG
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    Posted: Feb. 12, 2015 - 6:14 PM ET #4

    $44m> nothing..........& I'm sure they're not clogging up their police or court time nearly as much either.
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    $44m> nothing..........& I'm sure they're not clogging up their police or court time nearly as much either.
     
    SteelCash
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    Posted: Feb. 12, 2015 - 6:43 PM ET #5

    Quote Originally Posted by spocsstocks:

    https://www.thedailybeast.com/articles/2015/02/12/colorado-s-pot-revenue-goes-up-in-smoke.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedailybeast%2Farticles+%28The+Daily+Beast+-+Latest+Articles%29

    They expected pot sales to bring the state 70 million dollars in taxes.  In actuality it only brought in 44 million.  About a 30% miss.  Perhaps it just goes to show legalizing illicit drugs isn't a good idea.  You're right.  Not a good idea.  CO only brought in 44 million in their first year.  That's great reasoning.  They would make more money keeping it illegal and fining people or putting them in jail for a few days.  Great number crunching.  Just curious how you arrived at that conclusion.  And another brilliant reason to keep it illegal.  Let's continue to jail people, separate them from their families, make it harder for them to make a living, and punish them for a life style that entails using a drug safer than alcohol.  Let's continue wasting taxpayers' funds to stop the use of a plant that makes people happy, treats dozens of ailments, and is not associated with a single disease or side effect.  The people smoking it were so tweaked out they thought it was going so good they were going to get money back on there (their) taxes from it.  Tweaked out?  Have you ever smoked weed?  Do you have any idea as to what you're talking about?  

     

    Yo Genius.  It is okay to call you Genius I hope.  

    There will be more pot shops forming in the future, which will result in more tax revenue, and more job creation.  All 23 states that have medical laws have seen a decrease in traffic fatalities.  California has seen a 31% decrease since 1996.  I've seen estimates that state that Cannabis is 100 times safer than alcohol.  

    So I ask you Genius... Give me one good reason that we should continue the "War on Drugs".  

    Actually don't even bother.  Your initial post was sufficient evidence that you have no idea what you're saying.  And don't bother replying.  I won't read it.

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    Quote Originally Posted by spocsstocks:

    https://www.thedailybeast.com/articles/2015/02/12/colorado-s-pot-revenue-goes-up-in-smoke.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedailybeast%2Farticles+%28The+Daily+Beast+-+Latest+Articles%29

    They expected pot sales to bring the state 70 million dollars in taxes.  In actuality it only brought in 44 million.  About a 30% miss.  Perhaps it just goes to show legalizing illicit drugs isn't a good idea.  You're right.  Not a good idea.  CO only brought in 44 million in their first year.  That's great reasoning.  They would make more money keeping it illegal and fining people or putting them in jail for a few days.  Great number crunching.  Just curious how you arrived at that conclusion.  And another brilliant reason to keep it illegal.  Let's continue to jail people, separate them from their families, make it harder for them to make a living, and punish them for a life style that entails using a drug safer than alcohol.  Let's continue wasting taxpayers' funds to stop the use of a plant that makes people happy, treats dozens of ailments, and is not associated with a single disease or side effect.  The people smoking it were so tweaked out they thought it was going so good they were going to get money back on there (their) taxes from it.  Tweaked out?  Have you ever smoked weed?  Do you have any idea as to what you're talking about?  

     

    Yo Genius.  It is okay to call you Genius I hope.  

    There will be more pot shops forming in the future, which will result in more tax revenue, and more job creation.  All 23 states that have medical laws have seen a decrease in traffic fatalities.  California has seen a 31% decrease since 1996.  I've seen estimates that state that Cannabis is 100 times safer than alcohol.  

    So I ask you Genius... Give me one good reason that we should continue the "War on Drugs".  

    Actually don't even bother.  Your initial post was sufficient evidence that you have no idea what you're saying.  And don't bother replying.  I won't read it.

     
    smarterthanyou
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    Posted: Feb. 12, 2015 - 7:03 PM ET #6

    anything less than 10 billion is worthless.
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    anything less than 10 billion is worthless.
     
    TheGoldenGoose
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    Posted: Feb. 12, 2015 - 7:54 PM ET #7


    Somebody is skimming.
    ~~~~~ZOSO~~~~~
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    Somebody is skimming.
     
    Dutch1976
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    Posted: Feb. 12, 2015 - 8:07 PM ET #8

    Quote Originally Posted by MetalGods:

    And most stoners are probably still buying from a dealer due to the extreme markup (taxes) on the products at the local dispensary.


    Yep.
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    Quote Originally Posted by MetalGods:

    And most stoners are probably still buying from a dealer due to the extreme markup (taxes) on the products at the local dispensary.


    Yep.
     
    spocsstocks
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    Posted: Feb. 12, 2015 - 8:47 PM ET #9

    Quote Originally Posted by SteelCash:

     

    Yo Genius.  It is okay to call you Genius I hope.  

    There will be more pot shops forming in the future, which will result in more tax revenue, and more job creation.  All 23 states that have medical laws have seen a decrease in traffic fatalities.  California has seen a 31% decrease since 1996.  I've seen estimates that state that Cannabis is 100 times safer than alcohol.  

    So I ask you Genius... Give me one good reason that we should continue the "War on Drugs".  

    Actually don't even bother.  Your initial post was sufficient evidence that you have no idea what you're saying.  And don't bother replying.  I won't read it.

    https://seattle.cbslocal.com/2014/02/04/study-fatal-car-crashes-involving-marijuana-have-tripled/

    What you saying is completely not true and not backed by any facts.  Read this article from cbs you are just blowing air out of the wind.  “Currently, one of nine drivers involved in fatal crashes would test positive for marijuana,” Dr. Guohua Li, director of the Center for Injury Epidemiology and Prevention at Columbia, and co-author of the study told HealthDay News.

    Researchers from Columbia University’s Mailman School of Public Health gathered data from six states – California, Hawaii, Illinois, New Hampshire, Rhode Island, and West Virginia – that perform toxicology tests on drivers involved in fatal car accidents. This data included over 23,500 drivers that died within one hour of a crash between.  The researchers found that drugs played an increasing role in fatal traffic accidents. Drugged driving accounted for more than 28 percent of traffic deaths .

    “If a driver is under the influence of alcohol, their risk of a fatal crash is 13 times higher than the risk of the driver who is not under the influence of alcohol,” Li said. “But if the driver is under the influence of both alcohol and marijuana, their risk increased to 24 times that of a sober person.”

    You are extremely uneducated. 

     

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    Quote Originally Posted by SteelCash:

     

    Yo Genius.  It is okay to call you Genius I hope.  

    There will be more pot shops forming in the future, which will result in more tax revenue, and more job creation.  All 23 states that have medical laws have seen a decrease in traffic fatalities.  California has seen a 31% decrease since 1996.  I've seen estimates that state that Cannabis is 100 times safer than alcohol.  

    So I ask you Genius... Give me one good reason that we should continue the "War on Drugs".  

    Actually don't even bother.  Your initial post was sufficient evidence that you have no idea what you're saying.  And don't bother replying.  I won't read it.

    https://seattle.cbslocal.com/2014/02/04/study-fatal-car-crashes-involving-marijuana-have-tripled/

    What you saying is completely not true and not backed by any facts.  Read this article from cbs you are just blowing air out of the wind.  “Currently, one of nine drivers involved in fatal crashes would test positive for marijuana,” Dr. Guohua Li, director of the Center for Injury Epidemiology and Prevention at Columbia, and co-author of the study told HealthDay News.

    Researchers from Columbia University’s Mailman School of Public Health gathered data from six states – California, Hawaii, Illinois, New Hampshire, Rhode Island, and West Virginia – that perform toxicology tests on drivers involved in fatal car accidents. This data included over 23,500 drivers that died within one hour of a crash between.  The researchers found that drugs played an increasing role in fatal traffic accidents. Drugged driving accounted for more than 28 percent of traffic deaths .

    “If a driver is under the influence of alcohol, their risk of a fatal crash is 13 times higher than the risk of the driver who is not under the influence of alcohol,” Li said. “But if the driver is under the influence of both alcohol and marijuana, their risk increased to 24 times that of a sober person.”

    You are extremely uneducated. 

     

     
    Nut_Flopper
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    Posted: Feb. 12, 2015 - 9:05 PM ET #10

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    FeedMeCappers
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    Posted: Feb. 12, 2015 - 9:26 PM ET #11

    Dumb opening post
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    Dumb opening post
     
    searchwarrant
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    Posted: Feb. 12, 2015 - 9:27 PM ET #12

    Strictly all cash business by law in Colorado. There's the problem.
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    Strictly all cash business by law in Colorado. There's the problem.
     
    ClubDirt
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    Posted: Feb. 12, 2015 - 10:02 PM ET #13

    if i was a colorado resident, i'd be horrified that this only generated $44 million in revenue when millions of dollars of my tax revenue could be spent on arresting and putting marijuana users in jail instead. 
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    if i was a colorado resident, i'd be horrified that this only generated $44 million in revenue when millions of dollars of my tax revenue could be spent on arresting and putting marijuana users in jail instead. 
     
    I_Need_A_Detox
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    Posted: Feb. 12, 2015 - 10:47 PM ET #14

    Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    The only good argument for pot being legal is that it's less harmful than alcohol and alcohol is legal. 

    If I had kids, I wouldn't be raising them in Denver. 
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    Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    The only good argument for pot being legal is that it's less harmful than alcohol and alcohol is legal. 

    If I had kids, I wouldn't be raising them in Denver. 
     
    SteelCash
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    Posted: Feb. 13, 2015 - 12:22 PM ET #15

    Quote Originally Posted by searchwarrant:

    Strictly all cash business by law in Colorado. There's the problem.

    Yep.

    And all someone has to do is come up with "Potcoin" or something to service all the dispensaries.  There were rumors of it, but I haven't seen any follow up.  It might not be FDIC, but I'm sure there would be some insurance company willing to take their business.  Can you imagine the income stream that would provide?  I don't get it.

    OP... I didn't read your reply, and I won't.  

    My apologies if I came across a little hostile, but notice I didn't call you any names, aside from Genius.  It's just that I get frustrated by people like yourself.  You're part of the reason prohibition exists.

    Imagine you have a disease, and the only relief you find is from a plant.  All the meds they give you make you feel worse, but the herb sets you free of pain.

    Then the cops bust through your door.  And even though your state has issued you a card and the right to grow, they snatch your 1 year old from your wife's arms and take him away because he's "unsafe".  Oh... and they shot your dog too even though he's an 8 pound Chihuahua.  This has been happening for years and is quite common.

    Jail is for people that break into houses, rape, murder, assault.  It's not for people that hold a flame to a piece of flower because they want to feel good, or laugh, or have a good time.  I feel sorry for the people that can't understand this simple concept.

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    Quote Originally Posted by searchwarrant:

    Strictly all cash business by law in Colorado. There's the problem.

    Yep.

    And all someone has to do is come up with "Potcoin" or something to service all the dispensaries.  There were rumors of it, but I haven't seen any follow up.  It might not be FDIC, but I'm sure there would be some insurance company willing to take their business.  Can you imagine the income stream that would provide?  I don't get it.

    OP... I didn't read your reply, and I won't.  

    My apologies if I came across a little hostile, but notice I didn't call you any names, aside from Genius.  It's just that I get frustrated by people like yourself.  You're part of the reason prohibition exists.

    Imagine you have a disease, and the only relief you find is from a plant.  All the meds they give you make you feel worse, but the herb sets you free of pain.

    Then the cops bust through your door.  And even though your state has issued you a card and the right to grow, they snatch your 1 year old from your wife's arms and take him away because he's "unsafe".  Oh... and they shot your dog too even though he's an 8 pound Chihuahua.  This has been happening for years and is quite common.

    Jail is for people that break into houses, rape, murder, assault.  It's not for people that hold a flame to a piece of flower because they want to feel good, or laugh, or have a good time.  I feel sorry for the people that can't understand this simple concept.

     
    ClubDirt
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    Posted: Feb. 13, 2015 - 12:46 PM ET #16

    Quote Originally Posted by I_Need_A_Detox:

    Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    The only good argument for pot being legal is that it's less harmful than alcohol and alcohol is legal. 

    If I had kids, I wouldn't be raising them in Denver. 


    there are many arguments for pot being legal.  that's one of them.  not the biggest one. 
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    Quote Originally Posted by I_Need_A_Detox:

    Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    The only good argument for pot being legal is that it's less harmful than alcohol and alcohol is legal. 

    If I had kids, I wouldn't be raising them in Denver. 


    there are many arguments for pot being legal.  that's one of them.  not the biggest one. 
     
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    Posted: Feb. 13, 2015 - 12:48 PM ET #17

    also, marijuana users don't only go to jail in red states.

    and, while going to jail is obviously bad, just being in the criminal system for marijuana possession has negative effects on that person and others. 
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    also, marijuana users don't only go to jail in red states.

    and, while going to jail is obviously bad, just being in the criminal system for marijuana possession has negative effects on that person and others. 
     
    smarterthanyou
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    Posted: Feb. 13, 2015 - 1:29 PM ET #18

    [Quote: Originally Posted by I_Need_A_Detox] Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    another lie by covers resident liar.


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    [Quote: Originally Posted by I_Need_A_Detox] Marijuana users only go to jail in red states. I agree, that's a problem. But I'll have to side with spocsstocks on this one. 

    another lie by covers resident liar.


     
    I_Need_A_Detox
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    Posted: Feb. 13, 2015 - 2:24 PM ET #19

    Anyone have any examples of a person going to jail for simple possession in a blue state?
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    Anyone have any examples of a person going to jail for simple possession in a blue state?
     
    I_Need_A_Detox
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    Posted: Feb. 13, 2015 - 2:38 PM ET #20

    Someone with a clean record, simple possession charge, blue state.. Sentenced to jail in the last five years. Maybe there's a stray case or two but I doubt it.

    I don't travel to many red states because they're not desirable locations but from what I've read they lack common sense on this issue.
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    Someone with a clean record, simple possession charge, blue state.. Sentenced to jail in the last five years. Maybe there's a stray case or two but I doubt it.

    I don't travel to many red states because they're not desirable locations but from what I've read they lack common sense on this issue.
     
    ClubDirt
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    Posted: Feb. 13, 2015 - 2:52 PM ET #21

    i tried a few searches and i kept getting the potential penalties and other irrelevant websites.  i'm just going on experience. 

    simple possession in a blue state, first offense, you're not going to jail.  well, you are possibly going to jail when you get arrested but you should get out quickly and then you probably won't go back. 

    but, if the quantity is high enough or you have a couple of priors, going to jail is a real possibility.  and then it also depends on which prosecutor and judge you get.  two people can have the exact same cases and in courtroom A, person number 1 gets probation and in courtroom B, person number 2 may spend a year in jail.

    but you're right, for simple possession, small amounts, almost none of those people are going to jail. 
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    i tried a few searches and i kept getting the potential penalties and other irrelevant websites.  i'm just going on experience. 

    simple possession in a blue state, first offense, you're not going to jail.  well, you are possibly going to jail when you get arrested but you should get out quickly and then you probably won't go back. 

    but, if the quantity is high enough or you have a couple of priors, going to jail is a real possibility.  and then it also depends on which prosecutor and judge you get.  two people can have the exact same cases and in courtroom A, person number 1 gets probation and in courtroom B, person number 2 may spend a year in jail.

    but you're right, for simple possession, small amounts, almost none of those people are going to jail. 
     
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    Posted: Feb. 13, 2015 - 3:08 PM ET #22

    this was the link i was looking for.  it doesn't answer the question of incarceration but it does address arrests.  this is a big reason why marijuana should be legalized. 

    look at the chart on the bottom.  43% of all drug arrests are for marijuana possession, which of course are the easiest arrests for police to make.  that's insane.  many of those people are going to jail, at least initially, but again, that's another issue. 

    another article said this translates into a marijuana arrest every 42 seconds.  it costs a lot of money, time and resources to do this.  do we really want our money paying for this?  what purpose does it serve.  what does it accomplish?

    https://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/crime-in-the-u.s.-2011/persons-arrested/persons-arrested
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    this was the link i was looking for.  it doesn't answer the question of incarceration but it does address arrests.  this is a big reason why marijuana should be legalized. 

    look at the chart on the bottom.  43% of all drug arrests are for marijuana possession, which of course are the easiest arrests for police to make.  that's insane.  many of those people are going to jail, at least initially, but again, that's another issue. 

    another article said this translates into a marijuana arrest every 42 seconds.  it costs a lot of money, time and resources to do this.  do we really want our money paying for this?  what purpose does it serve.  what does it accomplish?

    https://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/crime-in-the-u.s.-2011/persons-arrested/persons-arrested
     
    I_Need_A_Detox
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    Posted: Feb. 13, 2015 - 3:16 PM ET #23

    I don't think there is anything wrong with the way Massachussets does it. Decriminalized and medically available.

    But yeah, pot being responsible for 43 percent of drug arrests is insane.

    I grew up with cops just dumping it out. Of course, I'm also white.
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    I don't think there is anything wrong with the way Massachussets does it. Decriminalized and medically available.

    But yeah, pot being responsible for 43 percent of drug arrests is insane.

    I grew up with cops just dumping it out. Of course, I'm also white.
     
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    Posted: Feb. 13, 2015 - 3:23 PM ET #24

    definitely helps to be white. 

    so what does mass. mean when they say marijuana is decriminalized?
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    definitely helps to be white. 

    so what does mass. mean when they say marijuana is decriminalized?
     
     
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    Posted: Feb. 13, 2015 - 3:42 PM ET #25

    I don't really know the details. I think if you have under an oz you get a fine. I'm sure there is more to it.. I don't think you can just walk around city hall plaza smoking blunts and paying fines. Not sure, I'll look into it.
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    I don't really know the details. I think if you have under an oz you get a fine. I'm sure there is more to it.. I don't think you can just walk around city hall plaza smoking blunts and paying fines. Not sure, I'll look into it.
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