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Colorado pot revenue comes in way short of estimates

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Killer_B

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Posts: 6180

Posted: Feb. 15, 2015 - 10:00 PM ET #76

Shot 86 today Detox, not bad for not playing for 3 weeks, even got some sun in my "Blue State." Did you get to play today in your "Red State"?

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 15, 2015 - 10:06 PM ET #77

Quote Originally Posted by Killer_B:

Shot 86 today Detox, not bad for not playing for 3 weeks, even got some sun in my "Blue State." Did you get to play today in your "Red State"?

I shoveled all day. I was thinking of you.

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SteelCash

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Posts: 5588

Posted: Feb. 16, 2015 - 8:44 AM ET #78

https://www.forbes.com/sites/anthonynitti/2015/02/15/colorado-residents-to-have-their-pot-and-their-tax-dollars-too/

Here's an article saying they may in fact get a refund, written on the 15th of February... just 15 hours ago.

I don't have time to research it any further and it doesn't matter to me as I don't live there.

I'm just glad I don't have to shovel snow this morning.

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SteelCash

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Posted: Feb. 20, 2015 - 9:56 AM ET #79

They expected pot sales to bring the state 70 million dollars in taxes. In actuality it only brought in 44 million.

The above was in the OP of this thread. It should be noted that the revenue, with license fees, was right around 77 million for 2014.

They're also saving millions for not enforcing the laws.

They also created about 10,000 new jobs out of thin air.

They have also seen a drop in violent crime and non-violent crime, as well as a drop in fatal road accidents.

The economic impact of legal Cannabis in Colorado is staggering. And Ohio might be next.

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I_Need_A_Detox

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Posted: Feb. 21, 2015 - 9:17 AM ET #80

Quote Originally Posted by SteelCash:

They expected pot sales to bring the state 70 million dollars in taxes. In actuality it only brought in 44 million.

The above was in the OP of this thread. It should be noted that the revenue, with license fees, was right around 77 million for 2014.

They're also saving millions for not enforcing the laws.

They also created about 10,000 new jobs out of thin air.

They have also seen a drop in violent crime and non-violent crime, as well as a drop in fatal road accidents.

The economic impact of legal Cannabis in Colorado is staggering. And Ohio might be next.

Explain how they're making millions by not enforcing the laws? Did they get rid of local police officers or state police officers? Do the DA offices need less money now? How many people has Colorado hired to regulate the marijuana industry?

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 21, 2015 - 9:19 AM ET #81

Quote Originally Posted by Killer_B:

Shot 86 today Detox, not bad for not playing for 3 weeks, even got some sun in my "Blue State." Did you get to play today in your "Red State"?

I'm blue state. Jesus you screw everything up.

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Hugh_Jorgan

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Posts: 22961

Posted: Feb. 21, 2015 - 9:22 AM ET #82

Quote Originally Posted by SteelCash:

They expected pot sales to bring the state 70 million dollars in taxes. In actuality it only brought in 44 million.

The above was in the OP of this thread. It should be noted that the revenue, with license fees, was right around 77 million for 2014.

They're also saving millions for not enforcing the laws.

They also created about 10,000 new jobs out of thin air.

They have also seen a drop in violent crime and non-violent crime, as well as a drop in fatal road accidents.

The economic impact of legal Cannabis in Colorado is staggering. And Ohio might be next.

On a related note ... sales at the local McDonalds have jumped 58%

bigreds daddy

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SteelCash

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Posts: 5588

Posted: Feb. 21, 2015 - 10:16 AM ET #83

Quote Originally Posted by I_Need_A_Detox:

Explain how they're making millions by not enforcing the laws? Did they get rid of local police officers or state police officers? Do the DA offices need less money now? How many people has Colorado hired to regulate the marijuana industry?

They're not spending nearly as much money and man hours enforcing Cannabis prohibition. This includes raiding houses, actively looking for grows, booking people, trying people, housing prisoners (which include food and other prison expenses). This also frees them up to spend more time on real crimes. It should be noted that violent crime is has dropped (may or may not be related to legalization). This of course saves the police departments money as well as they are not spending time and money on those crimes that aren't happening.

This from:

https://dailycaller.com/2014/03/06/despite-legalization-colorado-cops-ask-for-more-money-for-marijuana-enforcement/

Since pot was legalized in Colorado in 2012, an average of 600 fewer people have been arrested per month on possession charges, according to the Colorado Judicial Branch. And a 2010 research paper by the Cato Institute estimated that Colorado spent $1.3 billion per year enforcing marijuana laws that no longer exist.

I was wrong. They're saving billions with a 'B', not millions.

Granted, last year law enforcement did ask for more money for training on spotting stoned drivers. However, it's difficult to justify the perceived need to spend more money on training for a problem that isn't yet a problem. They are anticipating that stoned drivers will become a problem. To this point, it hasn't been. Even if we see an uptick in stoned drivers being arrested, we have to ask "Is it happening more often, or are the police ramping up enforcement on it?" Regardless, Colorado has not seen a problem with stoned drivers wreaking havoc on the roads.

Good read here...

https://www.washingtonpost.com/news/the-watch/wp/2014/06/06/colorados-poster-boy-for-stoned-driving-was-drunk-off-his-gourd/

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Quote Originally Posted by I_Need_A_Detox:

Explain how they're making millions by not enforcing the laws? Did they get rid of local police officers or state police officers? Do the DA offices need less money now? How many people has Colorado hired to regulate the marijuana industry?

They're not spending nearly as much money and man hours enforcing Cannabis prohibition. This includes raiding houses, actively looking for grows, booking people, trying people, housing prisoners (which include food and other prison expenses). This also frees them up to spend more time on real crimes. It should be noted that violent crime is has dropped (may or may not be related to legalization). This of course saves the police departments money as well as they are not spending time and money on those crimes that aren't happening.

This from:

https://dailycaller.com/2014/03/06/despite-legalization-colorado-cops-ask-for-more-money-for-marijuana-enforcement/

Since pot was legalized in Colorado in 2012, an average of 600 fewer people have been arrested per month on possession charges, according to the Colorado Judicial Branch. And a 2010 research paper by the Cato Institute estimated that Colorado spent $1.3 billion per year enforcing marijuana laws that no longer exist.

I was wrong. They're saving billions with a 'B', not millions.

Granted, last year law enforcement did ask for more money for training on spotting stoned drivers. However, it's difficult to justify the perceived need to spend more money on training for a problem that isn't yet a problem. They are anticipating that stoned drivers will become a problem. To this point, it hasn't been. Even if we see an uptick in stoned drivers being arrested, we have to ask "Is it happening more often, or are the police ramping up enforcement on it?" Regardless, Colorado has not seen a problem with stoned drivers wreaking havoc on the roads.

Good read here...

https://www.washingtonpost.com/news/the-watch/wp/2014/06/06/colorados-poster-boy-for-stoned-driving-was-drunk-off-his-gourd/

SteelCash

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Posts: 5588

Posted: Feb. 21, 2015 - 10:36 AM ET #84

I don't know how many they've hired to regulate the industry. It's possible they simply unloaded the extra work on existing employees (that seems to me the way businesses handle extra work). If they did hire more, that's job creation.

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SteelCash

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Posts: 5588

Posted: Feb. 21, 2015 - 10:38 AM ET #85

Quote Originally Posted by I_Need_A_Detox:

Explain how they're making millions by not enforcing the laws? Did they get rid of local police officers or state police officers? Do the DA offices need less money now? How many people has Colorado hired to regulate the marijuana industry?

I didn't say they're making millions... I said they're saving millions.

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 21, 2015 - 11:39 AM ET #86

Quote Originally Posted by SteelCash:

I didn't say they're making millions... I said they're saving millions.

How are they saving millions? Police, DA's etc are paid a salary. Do they have that many less law and order employees today than they did before? Do you have the numbers? What about the additional employees the state needs to regulate the industry?

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I_Need_A_Detox

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Posted: Feb. 21, 2015 - 11:52 AM ET #87

"They're saving BILLIONS"

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adamjoe

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Posts: 1985

Posted: Feb. 21, 2015 - 12:31 PM ET #88

Quote Originally Posted by Killer_B:

Undesirable blue states? I'll be playing golf tomorrow at the Phoenician Golf Resort in shorts and a polos shirt while you're shoveling snow....

Nobody goes to jail for pot unless you're selling it or growing large quantities of it (another big lefty lie to push the legalization).

I watched a C-SPAN special about Colorado's first year of this. It was quite interesting listening to all points of the debate. Personally, I think it's a bad thing because I believe it's a gateway drug and I believe long term use will cause brain damage and the availability to kids is much easier because it's everywhere. The real problem they're having is the commercialization, 300 stores in Denver alone as well as the eatables (lack of oversight, kids getting them because they don't look like what they are). Of course the lefties are in favor of it, anything that makes the public more malleable is a great thing.

Don't hurt your back shoveling snow Detox, I know Massachusetts hasn't legalized weed yet to help relieve your pain...

Steel, you are wasting your breath. People like Killer B and Detox base their decisions on what they think they know versus actual evidence. See above as Killer B believes marijuana is a gateway drug and believes that it will lead to brain damage and availability to minors. Actual scientific and observational evidence suggests otherwise.

Another ironic twist to this is the prevalent amount of right-leaning people screaming to keep it illegal and reverse prohibition are the same ones that cry out for personal liberties and freedom. These people will look the other way while companies dump waste into our rivers as long as it makes them money,,,and are adamant that "big government" has no role in industry, yet want to push their morality on others, brandishing those that chose to use marijuana as "lazy" or having no drive.

I am hoping that they change their motto to a more realistic line, "More freedom and liberty....as long as you chose the same freedoms and liberties as me!"

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Quote Originally Posted by Killer_B:

Undesirable blue states? I'll be playing golf tomorrow at the Phoenician Golf Resort in shorts and a polos shirt while you're shoveling snow....

Nobody goes to jail for pot unless you're selling it or growing large quantities of it (another big lefty lie to push the legalization).

I watched a C-SPAN special about Colorado's first year of this. It was quite interesting listening to all points of the debate. Personally, I think it's a bad thing because I believe it's a gateway drug and I believe long term use will cause brain damage and the availability to kids is much easier because it's everywhere. The real problem they're having is the commercialization, 300 stores in Denver alone as well as the eatables (lack of oversight, kids getting them because they don't look like what they are). Of course the lefties are in favor of it, anything that makes the public more malleable is a great thing.

Don't hurt your back shoveling snow Detox, I know Massachusetts hasn't legalized weed yet to help relieve your pain...

Steel, you are wasting your breath. People like Killer B and Detox base their decisions on what they think they know versus actual evidence. See above as Killer B believes marijuana is a gateway drug and believes that it will lead to brain damage and availability to minors. Actual scientific and observational evidence suggests otherwise.

Another ironic twist to this is the prevalent amount of right-leaning people screaming to keep it illegal and reverse prohibition are the same ones that cry out for personal liberties and freedom. These people will look the other way while companies dump waste into our rivers as long as it makes them money,,,and are adamant that "big government" has no role in industry, yet want to push their morality on others, brandishing those that chose to use marijuana as "lazy" or having no drive.

I am hoping that they change their motto to a more realistic line, "More freedom and liberty....as long as you chose the same freedoms and liberties as me!"

bettingforfun

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Joined: Oct, 2014

Posts: 2042

Posted: Feb. 21, 2015 - 1:11 PM ET #89

adamjoe please get us some scientific and observational evidence that kids start doing heroin, meth, crack, cocaine before smoking pot.

I'm not saying that smoking marijuana guarantees going on to harder stuff but I also don't think that kids start off with the hard stuff and then start smoking marijuana. Prove me wrong with scientific facts.

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 21, 2015 - 1:47 PM ET #90

Quote Originally Posted by adamjoe:

Steel, you are wasting your breath. People like Killer B and Detox base their decisions on what they think they know versus actual evidence. See above as Killer B believes marijuana is a gateway drug and believes that it will lead to brain damage and availability to minors. Actual scientific and observational evidence suggests otherwise.

Another ironic twist to this is the prevalent amount of right-leaning people screaming to keep it illegal and reverse prohibition are the same ones that cry out for personal liberties and freedom. These people will look the other way while companies dump waste into our rivers as long as it makes them money,,,and are adamant that "big government" has no role in industry, yet want to push their morality on others, brandishing those that chose to use marijuana as "lazy" or having no drive.

I am hoping that they change their motto to a more realistic line, "More freedom and liberty....as long as you chose the same freedoms and liberties as me!"

Marijuana is a gateway drug. Marijuana does make you lazy and marijuana kills a persons natural drive towards success.

If you put 100 professionals (bankers, CEO's, engineers, lawyers, doctors, dentists, accountants etc) on one side of the room and you put 100 low achieving (unemployed, laborers, min wage earners etc) on the other side of the room... What group would have more habitual pot smokers?

I am far from right leaning.

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SteelCash

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Joined: Oct, 2006

Posts: 5588

Posted: Feb. 21, 2015 - 3:42 PM ET #91

Quote Originally Posted by adamjoe:

Steel, you are wasting your breath. People like Killer B and Detox base their decisions on what they think they know versus actual evidence. See above as Killer B believes marijuana is a gateway drug and believes that it will lead to brain damage and availability to minors. Actual scientific and observational evidence suggests otherwise.

Another ironic twist to this is the prevalent amount of right-leaning people screaming to keep it illegal and reverse prohibition are the same ones that cry out for personal liberties and freedom. These people will look the other way while companies dump waste into our rivers as long as it makes them money,,,and are adamant that "big government" has no role in industry, yet want to push their morality on others, brandishing those that chose to use marijuana as "lazy" or having no drive.

I am hoping that they change their motto to a more realistic line, "More freedom and liberty....as long as you chose the same freedoms and liberties as me!"

You are right dude about many things here. And yes... I'm not gonna waste my breathe anymore.

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SteelCash

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Joined: Oct, 2006

Posts: 5588

Posted: Feb. 21, 2015 - 3:48 PM ET #92

Quote Originally Posted by I_Need_A_Detox:

Marijuana is a gateway drug. Marijuana does make you lazy and marijuana kills a persons natural drive towards success.

If you put 100 professionals (bankers, CEO's, engineers, lawyers, doctors, dentists, accountants etc) on one side of the room and you put 100 low achieving (unemployed, laborers, min wage earners etc) on the other side of the room... What group would have more habitual pot smokers?

I am far from right leaning.

You have no idea concerning scientific methods in research to collect accurate data. None.

You are also clueless as to what effects Cannabis has on the user, and you base your "knowledge" on what the media tells the masses. As opposed to seeking truth, you accept propaganda and lies as truth. You are a sheep.

Peace... I'm done with this thread.

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 21, 2015 - 5:37 PM ET #93

Quote Originally Posted by SteelCash:

You have no idea concerning scientific methods in research to collect accurate data. None.

You are also clueless as to what effects Cannabis has on the user, and you base your "knowledge" on what the media tells the masses. As opposed to seeking truth, you accept propaganda and lies as truth. You are a sheep.

Peace... I'm done with this thread.

I've smoked pounds of pot, I've grown pot, I've stopped smoking pot, I've talked to hundreds of people in prison as a direct result of their alcohol and drug use and I've talked to thousands of people that have or have had alcohol and drug problems. So when you say my knowledge comes from the media, WTF are you talking about?

You're just a lost burnout, trying to make ends meet, preaching on a subject that you're ignorant about, to justify your pot smoking and burnt out lifestyle.

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I_Need_A_Detox

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Posts: 27139

Posted: Feb. 21, 2015 - 5:41 PM ET #94

"The state has saved billions". Do you want to address how asinine that statement is? How could you possibly believe the state has saved billions by making pot legal? That statement alone shows how lost you are in marijuanaville.

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Killer_B

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Posts: 6180

Posted: Feb. 22, 2015 - 11:26 PM ET #95

Quote Originally Posted by I_Need_A_Detox:

I'm blue state. Jesus you screw everything up.

Your correct about the color thing (I wish they would trade colors, I associate red with democrats), I think I got too much sun that day.

Shot 89 today, couple bad holes.

Are you done shoveling yet?

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Colorado pot revenue comes in way short of estimates

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