Legalized Marijuana: 9 Charts You Need to See
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Legalized Marijuana: 9 Charts You Need to See

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If you're curious about whether more states will legalize marijuana, these nine charts make a strong case that they will.

If you're curious about whether more states will legalize marijuana, these nine charts make a strong case that they will.

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  • Significa que la MARIHUANA legalizada deja muchos recaudos y aumentan el presupuesto fiscal del Estado de Colorado. Creo que exactamente es lo que ocurre cuando la marihuana es vendida underground, los beneficios e ingresos se quedan entre los narcotraficantes y corruptos. Creo que cuando en Puerto Rico vean que la marihuana es como fumar cigarillos o alcohol legalizado, van a querer conseguir ese dinero para robarselo en la cara a los ciudadanos del pais.
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  • hi can u plz sent me 2nd sem assignment of bscit
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    Legalized Marijuana: 9 Charts You Need to See Legalized Marijuana: 9 Charts You Need to See Presentation Transcript

    • Legal Marijuana: 9 Charts You Need to See…
    • On January 1, 2014, Colorado became the first state to legalize the sale and possession of marijuana for recreational use…
    • One of the main arguments in favor of doing so was that it would “bolster Colorado’s economy with significant tax revenue and job creation…”
    • Whether you agree or disagree with the move, we now know that it has…
    • On February 18, 2014, Colorado Governor John Hickenlooper submitted his official budget request for the upcoming fiscal year beginning July 1, 2015…
    • Among other things, his request revealed that tax revenues from marijuana sales are exploding…
    • In fiscal year 2013, which ends on June 30th, Colorado will earn an estimated $51 million in tax revenue from the sale of marijuana. In fiscal year 2014, the first full year of recreational sales, the figures is expected to increase to $134 million. $134 Million $51 Million FY 2013 FY 2014
    • 140 $134 Million 120 Question: What caused revenue projections to skyrocket? Answer: The addition of recreational sales beginning January 1, 2014. 100 80 60 40 20 $16 Million 0 FY 2014 Tax Revenues w/out Recreational Sales FY 2014 Tax Revenues w/ Recreational Sales
    • You can see why this is when you look at the breakdown in tax revenue from medical and recreational sales. Portion of tax revenues from medical marijuana sales: 12% Portion of tax revenues from recreational marijuana sales: 88% Medical Sales $15,796,489 12% Recreational Sales $117,847,657 88%
    • Where exactly is the revenue coming from? Medical Marijuana Sales Recreational Marijuana Sales Other 1% Fees 36% Fees & 0% Other 2% Sales Tax 63% Excise Tax 39% Sales Tax 59%
    • What is Colorado going to do with all its newfound riches???
    • $40 million will go towards building and improving public schools… Build Schools $40 million
    • $45 million will be spent on programs to prevent and deter marijuana use by children… Youth Drug Prevention $45 million
    • $42 million will be used to treat substance abuse… Substance Abuse Treatment $42 million
    • $12 million will fund regulatory oversight of the marijuana industry… Regulatory Oversight $12 million
    • Other $12 million And $12 million will go toward law enforcement and other areas…
    • So, is it worth it?
    • That remains to be seen. But in the meantime, I invite you to check out a valuable free report about one stock that could make you rich. To access this free report instantly, simply click anywhere on the following slide…
    • Click here to discover The Motley Fool’s top stock for 2014