Study: Recreational cannabis sales would be boon for Colorado city

If Colorado Springs – the second-largest city in Colorado – were to allow recreational marijuana sales, its share of the state’s cannabis market would double to 14%, according to a new economic impact report by a University of Denver professor. The study also found that allowing rec sales could create 1,320-1,762 jobs for the city as well as $25.4 million in revenue from taxes and business fees. The study’s analysis – written by Jack Strauss, the Miller Chair of Applied Economics at the university’s Daniels College of Business – assumes that all medical cannabis companies in Colorado Springs would transition to ... Study: Recreational cannabis sales would be boon for Colorado city is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs