b&b55 The Economics of Legalizing Weed
If you haven’t heard, Colorado legalized the possession of marijuana as of January, 2014. We wanted to check in and see how the state has been doing from a fiscal perspective, now that it’s been a year and a half and the state hasn’t experienced a total drug-induced meltdown since they passed the law. In fact, Colorado made too much money in taxes in 2014, according to their state constitution!
We discuss the first year hiccups of legalizing a drug that’s been illegal for the last 80 years and how Colorado is the state to watch when it comes to successfully implementing such a sweeping change.
Also find out how many accidental weed puns we made throughout the show!