VIDEO: Rocky Mountain High! Spotlight on Pot Bellwether Colorado
By John Persinos
Welcome to my latest Weed Report. Amid state-level legalization and commercialization efforts in the U.S., Colorado has emerged as a bellwether with many lessons for lawmakers and investors. In this video, I spotlight the status of weed in the Rocky Mountain State.
The article below is a condensed transcript. For additional details and several charts, watch my video.
Colorado has played a pivotal role in the history of marijuana legalization in America. As one of the first states to legalize marijuana for both recreational and medical use, Colorado has set a precedent and provided a blueprint for other states considering similar measures.
In 2000, voters approved Amendment 20, which allowed the use of medical marijuana for patients with certain conditions.
The biggest turning point came in 2012 with the passage of Amendment 64, which legalized the possession, use, and regulated sale of marijuana for recreational purposes.
This landmark decision made Colorado, along with Washington, one of the first states in the nation to legalize recreational marijuana.
Both Colorado and Washington legalized recreational marijuana in December 2012; the two states already had allowed it for medical use. Since legalization, Colorado has consistently recorded higher sales figures in comparison to Washington.
The Colorado amendment passed with 55% of the vote, reflecting a significant shift in public attitudes towards cannabis.
Colorado's demographic and electoral makeup played a crucial role. The state has a diverse and relatively young population, with a significant number of residents who lean towards progressive and libertarian values.
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