By Editor in Chief on Wednesday, 14 March 2018
Category: Business & Finance

To boost its economy, this Colorado county embraced marijuana. Now a new study reveals whether it worked - Cannabis News

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

 

Related Posts