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Old 05-20-2014, 04:26 PM  
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Legal marijuana created thousands of jobs in Colorado

http://www.vox.com/2014/5/20/5734394...bs-in-colorado

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Marijuana dispensaries characterize it as a bit of a gold rush: the sudden swarm of thousands of people from in and out of Colorado trying to get into the state's new recreational marijuana industry.

"Everybody's expanding right now," Elan Nelson, business consultant for Medicine Man, one of the largest marijuana shops in Denver. "Really, we're just trying to keep up with demand."

Since retail sales of recreational marijuana began in January, the state has seen a small boom in jobs. The Marijuana Industry Group (MIG) estimates there are currently about 10,000 people directly involved with marijuana, with 1,000 to 2,000 joining in the past few months and more expected as high demand for recreational marijuana continues. MIG says it's hard to separate how many of those 10,000 jobs are tied to recreational marijuana and which are exclusively on the medical side, but at least a few thousand jobs came during and after the preparation and start of recreational sales.

In total, the industry makes up only about 0.4 percent of all employment in a state with more than 2.6 million jobs. But these are thousands of people who could otherwise find themselves on the unemployment line. And for Colorado, they're revenue-generating jobs that might not have existed at all if the state didn't allow recreational or medical pot.

The estimate also doesn't include other groups indirectly involved in the industry, including construction workers, accountants, plumbers, electricians, and attorneys. And it leaves out restaurants and other businesses who might benefit from out-of-state visitors going into Colorado to try out legal marijuana.

The marijuana industry doesn't expect its growth to slow any time soon. And there's good reason for that: at least during the first three months of retail sales, marijuana revenue grew from $14 million a month to $19 million a month.

t the same time, Colorado's economy is showing other positive signs of growth both a good sign for marijuana businesses and an indication that pot isn't scaring away others, despite previous warnings from business leaders. The state's estimated unemployment rate in April was 6 percent, down from 6.2 percent in March and 6.9 percent the year before.

"I don't think we're all of that, but I think we're playing a role," says Mike Elliott, executive director of the MIG.


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Old 05-20-2014, 07:56 PM   #16
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Originally Posted by cosmo20002 View Post
Link? Can you back up any of this?
No, he can't. He also doesn't account for the tons of money that will be saved from no longer incarcerating pot smokers and the associated probation/parole costs.
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Old 05-20-2014, 07:58 PM   #17
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Um, duh.
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Old 05-20-2014, 07:58 PM   #18
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Originally Posted by cosmo20002 View Post
fyp
I tried to follow what the path to true legalization would look like. From what I could see, Obama needs to tell Holder to reschedule marijuana. That's all it would take.
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Old 05-20-2014, 08:14 PM   #19
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That's true but I'm not sure it matters. If you sold $1,000 of pot to a group of HS students, that would be black market. But you'd simply take that $1,000 and spend it on legit products and services where it'd just be taxed anyway.
No you wouldn't. You would pay most of that to whoever you got it from. Who would take it to mexico
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Old 05-20-2014, 08:40 PM   #20
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Originally Posted by KC native View Post
No, he can't. He also doesn't account for the tons of money that will be saved from no longer incarcerating pot smokers and the associated probation/parole costs.
this mother****er calling is the pot calling the kettle black...
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Old 05-20-2014, 08:53 PM   #21
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The unemployment rate has gone down so far in 2014 0.1 in Colorado vs 0.3 across the USA. That's one data point. Pot isn't creating any net new jobs that we know of, or if it is its not keeping pace with the rest of the US

http://www.bls.gov/eag/eag.co.htm
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Old 05-20-2014, 09:10 PM   #22
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Originally Posted by Johnny Vegas View Post
this mother****er calling is the pot calling the kettle black...
Please point out where I fail to back things up gold bug.
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Old 05-20-2014, 09:14 PM   #23
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Originally Posted by Prison Bitch View Post
The unemployment rate has gone down so far in 2014 0.1 in Colorado vs 0.3 across the USA. That's one data point. Pot isn't creating any net new jobs that we know of, or if it is its not keeping pace with the rest of the US

http://www.bls.gov/eag/eag.co.htm
So, I take it you broke down the headline number for Colorado?

Which sectors have added employees vs. which ones have lost? Where would these pot jobs even be categorized?

I could keep going on the actual statistics because we all know you don't understand them, but that's enough for you to start with.
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Old 05-20-2014, 10:47 PM   #24
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Originally Posted by KC native View Post
Please point out where I fail to back things up gold bug.
I don't have time for your shit. you're a ****ing wet noodle. all 4 feet of you.
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Old 05-20-2014, 10:54 PM   #25
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Anecdotally, I haven't noticed any societal change in Colorado that could be attributed to legal marijuana, though I have one thing I'm watching.

It's been epic panhandling over the past week or so as warm weather has arrived. I work downtown so I'm used to seeing panhandlers, but the number is double or triple what I typically experience, and I've even been approached by panhandlers outside downtown, which has been rare in the past. I usually have zero or one panhandlers per day, and it's gone up by a full panhandler recently. One day I got asked four times by people.

It's possible that there's some other reason for the increase, and I'll see if it's a sustained increase or just a temporary aberration. But the volume made me wonder if the warm weather has started drawing in the deadbeats whose greatest dreams and aspirations are to smoke marijuana under a bridge.
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Old 05-20-2014, 10:57 PM   #26
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I don't have time for your shit. you're a ****ing wet noodle. all 4 feet of you.
Yes, slink away pussy.
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Old 05-20-2014, 11:21 PM   #27
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Yes, slink away pussy.
a 4 foot wet noodle?

you could be in the guiness book of world records...
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Old 05-20-2014, 11:26 PM   #28
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Yes, slink away pussy.
they make condoms bigger than you. ****boy mc****stick
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Old 05-20-2014, 11:34 PM   #29
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I wonder if the arrest rate in CO for drugs such as meth, crack, etc, have changed.
Also, DUI stats.
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Old 05-20-2014, 11:50 PM   #30
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Originally Posted by Prison Bitch View Post
Classic spending shift. People who were a bit leery to take their bars and restaurant dollars to buy pot are dipping their toes in. Any dollars attributable to pot are merely offset by local entertainment forgone.


One could argue that the only net pot benefits are those coming in from other states. But since Colorado is largely surrounded by small-population states (and since pot is readily available in those states anyway), it's doubtful there's much economic benefit.
That's just silly speculation.
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