Legal Marijuana Is A Boon To The Economy, Finds Study

PUEBLO, CO – September 3, 2016: Jason, a Colorado native and an employee at Los Sueños Farms LLC, puts staves in to growing cannabis plants. Los Sueños Farms is the owner of 36 acres of rich farmland in Pueblo County, Colorado, which it leases to four Colorado licensed retail marijuana cultivators. (Photo by Vince Chandler / The Denver Post)

Researchers found that legalizing marijuana had a positive impact on the economy of Pueblo County, Colo. In a landmark report out of the Colorado State University-Pueblo’s Institute of Cannabis Research, researchers found that a taxed and regulated cannabis industry contributed more than $58 million to the local economy, reports The Denver Post.

While there was about $23 million in added costs to legalization – including law enforcement and social services – the county still ended up with a net positive impact of more than $35 million.

The research itself was funded by

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