In a groundbreaking new study, a report released Monday from researchers at Colorado State University-Pueblo finds that the marijuana industry provides a net positive economic benefit to Pueblo County, even when accounting for demands on law enforcement and social services.

The report estimates that the marijuana industry had an economic impact of more than $58 million in the county in 2016, while leading to added costs of roughly $23 million — resulting in a more than $35 million positive net impact.

The report estimates that, in the most likely scenario, that net impact will rise to nearly $100 million a year by 2021.

Click here to read the complete article

John Ingold ~ DenverPost.com

 

Recent News Articles

Wednesday April 24

Keeping Score: Major League Sports’ Stance on Cannabis - Cannabis News

in Sports

by Bruce Kennedy - Editor in Chief

When players from the Stanley Cup winning team skate off the ice after their final…

2166 hits

Wednesday April 24

Five Ways to Reduce the Cannabis Industry's Environmental Impact - Cannabis News

in Cannabis News

by Bruce Kennedy - Editor in Chief

The cannabis industry has a packaging problem. In fact, more broadly speaking, it has a…

2454 hits

Wednesday April 24

Social Life Network's MjLink looking to shake up the cannabis sector with conference

in Finance

by Bruce Kennedy - Editor in Chief

Social LIfe Network (OTCQB:WDLF) CEO Ken Tapp and MjLink President George Jage sat down with…

2006 hits

Thursday April 25

USDA Accepting Applications For Hemp Intellectual Property Protection - Cannabis News

in Cannabis News

by Bruce Kennedy - Editor in Chief

The U.S. Department of Agriculture (USDA) announced on Wednesday that hemp cultivators can officially apply…

2026 hits

Thursday April 25

How to Grow Marijuana Sustainably With Korean Natural Farming - Cannabis News

in Culture & Arts

by Bruce Kennedy - Editor in Chief

Korean Natural Farming (KNF) is a blueprint for an alternative way to farm outdoors among…

2150 hits