Colorado’s Governor Sees The Light On Marijuana Legalization

"Cannabis companies are going to find some distressed properties and get them up and running, and in many cases they will have the capital to pay whatever it takes to get space," said Underhill, adding that this allows companies with more modern facilities to charger higher rents.

COLORADO:  In 2012 John Larson, a retired high school math and science teacher, voted against I-502, the initiative that legalized marijuana in Washington. Yet last week Larson was one of the first government-licensed marijuana merchants to open a store in that state: Main Street Marijuana in Vancouver. “If people were dumb enough to vote it in, I’m all for it,” he told The New York Times. “There’s a demand, and I have a product.”

Colorado Gov. John Hickenlooper also seems to have had a change of heart about marijuana. The former brewer, who opposed Amendment 64, his state’s legalization initiative, is not about to become a budtender. But in a recent interview with Reuters, Hickenlooper conceded that the consequences of letting people grow, sell, and consume pot without risking arrest have not been as bad as he feared.

“It seems like the people that were smoking before are mainly the people that are smoking now,” Hickenlooper said as Colorado marked six months of legal recreational sales at the end of June. “If that’s the case, what that means is that we’re not going to have more drugged driving, or driving while high. We’re not going to have some of those problems. But we are going to have a system where we’re actually regulating and taxing something, and keeping that money in the state of Colorado…and we’re not supporting a corrupt system of gangsters.”

 

Read full article @ Reason.com

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>