Pot Legalization Brings Struggling New Arrivals to Pueblo, Colorado

Meanwhile legalized marijuana usage in Colorado has produced unexpected consequences.

“I think the world is looking at Colorado and I think this is this great period with great social and economic change around controlled substances”.

Marijuana candy. Trick or treat? a billboard on a major Denver thoroughfare warned.

“Its very costly to set up with a whole brand new industry and regulate it and try to enforce it. It’s been quite a struggle”, said Gina Carbone, co-founder of SMART Colorado. Pot industry lobbyists are pushing hard to get access to banking services and an end to tax laws that severely limit the expenses that pot businesses can deduct. One big issue is marijuana is a cash business because banks are federally insured. I dont think thats really a concern.

Colorado did not make as much money as originally estimated off pot.

“Issue 2 is premised on the assumption...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.