On Jan. 1, 2014, Colorado became the first state in the country to legalize the sale of marijuana to any citizen 21 and over for any reason. Here are six things you didn’t know about marijuana becoming legal in Colorado:
1. It has been legal to possess marijuana in Colorado since Dec. 10, 2012
With the passage of the voter-approved 64 amendment to the Colorado constitution on Dec. 10, 2012, the possession of marijuana in the state of Colorado has been legal. On Jan. 1, 2014, the sale of marijuana was made legal to citizens 21 and over at specifically licenced stores. On New Years Day, there were more than two dozen specially licensed marijuana stores. Marijuana is not even this legal in Amsterdam!
2. There is projected to be close to $600 million in marijuana profits in 2014
The state of Colorado has predicted to have a $571.1 million profit on legal marijuana sales in 2014 alone. That would give the state of Colorado around $67 million in tax revenue. $27.5 million would go towards funding schools. $6 million would go towards local governments. The remaining $33.5 million would go towards marijuana research and education.
3. There is a certain amount persons 21 and over can possess
For a resident of Colorado who is of legal age, he or she can possess an ounce of marijuana at a time. For any non-resident who is of legal age, only one-fourth of a gram can be possessed at a time, and it is illegal to take said marijuana out of state by the way. Although stores are only able to have customers possess a certain amount of marijuana at a time, there is no way to track if how much marijuana a person actually has in his or her possession.
4. Most stores will only accept cash and not credit cards
Since federal banking have regulations against marijuana stores having access to the banking system, most stores are going to have to just use cash like black-market marijuana sales do. There may be a possible solution to this in the near future with the US treasury giving new guidelines to banks on how to deal with pot companies.
5. Consuming marijuana and driving is illegal
In Colorado (or pretty much anywhere for that matter), driving while stoned is completely illegal. The state has a standard for the amount of THC, or a substance in marijuana, a driver has in their system. If the driver tests above that amount of THC legal allowed to be in the driver’s body, prosecutors can tell jurors that the driver of the vehicle was stoned in that situation. But it is ok to transfer marijuana in a vehicle, as long as you are not consuming it.
6. Finding a place to “light up” at is hard
Consumption of marijuana is illegal in all public places in the fine state of Colorado. The only places to really smoke at are private resident areas, meaning that most people smoke on there back porch, basements, back yards, bathrooms, closets, garages, parents bedrooms, crying room, etc. Some clubs and bars are said to have back rooms where smoking marijuana is allowed, but don’t count on most of them having said places. Some hotels are said to “turn their backs” if marijuana is smoked in their hotels though but again, don’t count on it. Oh and you cannot light up in a marijuana store either, the stores are strictly for sale.