Officials in the city of Aurora, Colorado say they will be directing some of the tax revenue from recreational marijuana toward programs designed to help the homeless.
In all about $1.5 million in revenues will be used for homeless programs, including some money to local groups to buy vans for homeless outreach as well as $200,000 to a nonprofit organization that assists homeless people living in hotels.
If you’ve ever spent any time on Craigslist you know that there are some people on there selling weed, harder drugs and even sex. In Denver, as one might imagine, there are more than the normal amount of people selling marijuana.
There are hundreds of them it seems, which should be of no surprise. You can find anything on Craigslist and in a place like Denver – a city with a legal recreational cannabis industry doing battle with a long-entrenched black market – you can find a lot of weed.
While the burgeoning cannabis industry is in the headlines just about every day, there has yet to be any real inside look at how legal weed actual operates. There have been talks about NBC hosting a marijuana-themed sitcom, and networks like CNN dedicate considerable time slots to marijuana finance and industry, but something seems to be lacking. Knowing that legal weed is projected to be a 30 billion dollar industry in the next 5 years is great, but the general public is equally, if not more, curious about the day to day operations.
If you were super bummed that the 420 Rally in Denver was cancelled last weekend, take solace in knowing that it has finally officially been rescheduled! As you probably already know, the event that was set to celebrate the epic non-official holiday of April 20th (420) on the 16th was canceled due to bad weather. When the announcement was made, there were no plans for a reschedule or even issue refunds at the time.
For the past few years, when you think of weed, you think of Colorado. It’s the state leading the recreational legalization charge and reaping its rewards. And yet, the most infamous competition and convention in cannabis isn’t welcome in its own industry's Wild West.