Day 1: Regulation
Sunday, March, 22 2015
Two important assumptions about successful legalization of marijuana in Colorado were made. Regulation would provide a safer solution to the state’s drug problems and by regulating the sale of marijuana the state could make money otherwise locked up in the black market. Sunday’s stories suggest the net gain from taxes and fees related to marijuana sales will not be known for a while, as costs are not known or tracked well, and there are many other unknowns about pot’s effects on public health and safety.