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Cannabis Tax Revenue in Colorado Outpaces Alcohol & Cigarettes

Published

2 years ago

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Summary: In a significant milestone, Colorado’s tax revenue from marijuana sales has exceeded that of alcohol and cigarettes, reflecting the growing acceptance and profitability of the cannabis industry in the state.

A Shift in Consumption: Colorado’s Cannabis Tax Tops Alcohol and Cigarette

Colorado has witnessed a remarkable shift in its tax revenue sources. The state’s cannabis tax revenue has now surpassed that of alcohol and cigarettes, marking a significant milestone in the cannabis industry’s growth and acceptance.

And you also can order cannabis online

The rise in marijuana tax revenue can be attributed to several factors. Firstly, the legalization and subsequent boom of the recreational marijuana market in Colorado have led to increased sales and, consequently, higher tax collections. Additionally, the state has seen a decline in alcohol and cigarette consumption, further widening the gap in tax revenues.

Colorado has been at the forefront of the cannabis movement in the United States. It was one of the first states to legalize recreational marijuana in 2012, and since then, the industry has flourished. The state’s regulatory framework, combined with a growing consumer base, has made Colorado a model for other states considering cannabis legalization.

The economic benefits of the marijuana industry are evident. Apart from tax revenues, the sector has created numerous jobs and spurred investment in related businesses, from cultivation to retail.

Colorado is also leading in psychedelics

However, the surpassing of alcohol and cigarette tax revenues by marijuana is not just an economic indicator. It also reflects a broader societal shift in attitudes towards cannabis. As the negative stigma around marijuana diminishes and its medicinal benefits become more widely recognized, more consumers are choosing cannabis over traditional substances like alcohol and cigarettes.

While this is a significant achievement for the cannabis industry in Colorado, it also underscores the importance of responsible consumption and regulation. As the sector continues to grow, ensuring consumer safety and maintaining stringent quality standards will be paramount.

Source: KDVR

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AI Disclaimer: This news update was created using a AI tools. PsychePen is an AI author who is constantly improving. We appreciate your kindness and understanding as PsychePen continues to learn and develop. Please note that the provided information is derived from various sources and should not be considered as legal, financial, or medical advice.

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The Best Easy Super Bowl Cocktails

Published

1 week ago

on

February 13, 2025

By


Ready to get your game on with these Super Bowl cocktails?

It is the finale to the football season and a good chunk of the population tunes in to watch the Super Bowl. Alone, with a few friends or a full on party…it is a festive occasions (at least until the 4th quarter in a tight game) and people enjoy a beverage.  The Super Bowl is a drinking day for most viewers.  As you settle into the 59th annual game, try the best Super Bowl cocktails.

RELATED: Beer Sales Flatten Thanks To Marijuana

Creole Bloody Mary

In a nod to the host city New Orleans, a Creole Bloody Mary is the best to pre-func and get right to start watching the game! This is a flavorful way to start the day.

Ingredients

  • 3/4 cup vodka
  • 4-1/2 cups chilled tomato juice
  • 2 tablespoons lime juice
  • 1 tablespoon Worcestershire sauce
  • 4-6 dashes Tabasco hot sauce
  • Salt and black pepper
  • Celery for garnish

Create

  1. Fill shaker with ice
  2. Combine vodka, juices, Worcestershire, salt, pepper and hot sauce in shaker
  3. Strain and pour in a tall glass with ice
  4. Garnish with celery stick

Super Bowl Julep

The nice thing about the Super Bowl is you can enjoy day drinking. While a Mint Julep is the drink of the Kentucky Derby, it is refreshing enough for morning football drinking. Plus it is good for the throat after all the cheering.

Ingredients

  • 4 sprigs of mint
  • 1 teaspoon of powdered sugar
  • 2 teaspoons of water
  • 2 oz. bourbon
  • Fresh mint sprig, for garnish

Create

  1. Muddle the mint, the sugar and the water in a cup
  2. Add the bourbon and stir gently
  3. Fill a glass to the top with finely crushed ice, add the julep mix and garnish with mint

FYI, an ounce of mint simple syrup can be substituted for the mint/sugar/water mixture

Perfect Stormy

Why not combine the classic beer with the cocktail.  Mix it up and enjoy this drink…rich in flavor and filling enough you don’t have too many over the course of the game.

2 oz amber rum

1 oz egg white

1 oz fresh lime juice

¾ oz ginger simple syrup

3 dashes Scrappy’s lime bitters

4 oz light beer

Glass: Highball tumbler/Collins glas

Create

  1. Dry shake all ingredients except the beer
  2. Add ice and shake
  3. Double strain into a collins glass with ice
  4. Top up with beer

RELATED: Rainy Weather Cocktails

Gatorade Margarita

Everyone knows hydration is important when plays sports. It is also important for fans, especially if they are celebrating.  Gatorade is part of the football culture, dive in with this take on a classic cocktail.

Ingredients

Create

  1. Mix the sugar and salt in a shallow dish
  2. Wet the rims of 4 to 6 rocks glasses with water and then dip in the sugar-salt mixture to coat
  3. Combine the sports drink, limeade concentrate, tequila and blue curacao in a large pitcher and stir
  4. Fill the rocks glasses with ice
  5. Pour the margarita into the glass
  6. Garnish each with an orange slice

Fourth Quarter Rum Countdown

When the fourth quarter hits, it can be a focus time, keep it simple with this classic drink.  Quick to prepare, refreshing to drink and the soda is a little caffeine boost after tailgating.

Ingredients

  • 1 1/2 oz Bacardi Superior rum
  • 3 oz cola
  • Lime for garnish

Create

  1. Fill a highball glass with ice
  2. Pour in a good rum
  3. Add the chilled cola, stir
  4. Garnish with lime



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The Best Easy Super Bowl Cocktails

Published

2 weeks ago

on

February 7, 2025

By


Ready to get your game on with these Super Bowl cocktails?

It is the finale to the football season and a good chunk of the population tunes in to watch the Super Bowl. Alone, with a few friends or a full on party…it is a festive occasions (at least until the 4th quarter in a tight game) and people enjoy a beverage.  The Super Bowl is a drinking day for most viewers.  As you settle into the 59th annual game, try the best Super Bowl cocktails.

RELATED: Beer Sales Flatten Thanks To Marijuana

Creole Bloody Mary

In a nod to the host city New Orleans, a Creole Bloody Mary is the best to pre-func and get right to start watching the game! This is a flavorful way to start the day.

Ingredients

  • 3/4 cup vodka
  • 4-1/2 cups chilled tomato juice
  • 2 tablespoons lime juice
  • 1 tablespoon Worcestershire sauce
  • 4-6 dashes Tabasco hot sauce
  • Salt and black pepper
  • Celery for garnish

Create

  1. Fill shaker with ice
  2. Combine vodka, juices, Worcestershire, salt, pepper and hot sauce in shaker
  3. Strain and pour in a tall glass with ice
  4. Garnish with celery stick

Super Bowl Julep

The nice thing about the Super Bowl is you can enjoy day drinking. While a Mint Julep is the drink of the Kentucky Derby, it is refreshing enough for morning football drinking. Plus it is good for the throat after all the cheering.

Ingredients

  • 4 sprigs of mint
  • 1 teaspoon of powdered sugar
  • 2 teaspoons of water
  • 2 oz. bourbon
  • Fresh mint sprig, for garnish

Create

  1. Muddle the mint, the sugar and the water in a cup
  2. Add the bourbon and stir gently
  3. Fill a glass to the top with finely crushed ice, add the julep mix and garnish with mint

FYI, an ounce of mint simple syrup can be substituted for the mint/sugar/water mixture

Perfect Stormy

Why not combine the classic beer with the cocktail.  Mix it up and enjoy this drink…rich in flavor and filling enough you don’t have too many over the course of the game.

2 oz amber rum

1 oz egg white

1 oz fresh lime juice

¾ oz ginger simple syrup

3 dashes Scrappy’s lime bitters

4 oz light beer

Glass: Highball tumbler/Collins glas

Create

  1. Dry shake all ingredients except the beer
  2. Add ice and shake
  3. Double strain into a collins glass with ice
  4. Top up with beer

RELATED: Rainy Weather Cocktails

Gatorade Margarita

Everyone knows hydration is important when plays sports. It is also important for fans, especially if they are celebrating.  Gatorade is part of the football culture, dive in with this take on a classic cocktail.

Ingredients

Create

  1. Mix the sugar and salt in a shallow dish
  2. Wet the rims of 4 to 6 rocks glasses with water and then dip in the sugar-salt mixture to coat
  3. Combine the sports drink, limeade concentrate, tequila and blue curacao in a large pitcher and stir
  4. Fill the rocks glasses with ice
  5. Pour the margarita into the glass
  6. Garnish each with an orange slice

Fourth Quarter Rum Countdown

When the fourth quarter hits, it can be a focus time, keep it simple with this classic drink.  Quick to prepare, refreshing to drink and the soda is a little caffeine boost after tailgating.

Ingredients

  • 1 1/2 oz Bacardi Superior rum
  • 3 oz cola
  • Lime for garnish

Create

  1. Fill a highball glass with ice
  2. Pour in a good rum
  3. Add the chilled cola, stir
  4. Garnish with lime



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New Orleans and Marijuana – The Fresh Toast

Published

2 weeks ago

on

February 6, 2025

By


The Super Bowl followed by Mardi Gras – New Orleans is definitely the city of the moment – but will marijuana be in the mix?

They have the Super Bowl followed by the weeks long celebration of Mardi Gras. Folks are everywhere with open alcohol containers and you might catch a whiff of a green plant. As the party city of the country, what about New Orleans and marijuana? The commitment to imbibe is so strong, it took the threat of losing federal highways funds before they raised the minimum drinking age to 21. Securing the position of the last state to pass the legalization. While cannabis will definitely be at both marquee events this month, the city and state have a complicated with the plant.

RELATED: Veterans With PTSD Are Given A Little Hope

While recreational cannabis is illegal, New Orleans still hosts various cannabis-related events, such as the Big Easy Vibe Fest, which highlights the growing interest in cannabis culture and industry. Medical marijuana is legal and the city and state have embraced it. Also, being the Big Easy, there are illegal “cannabis” trucks which really sell heavy CBD. Scratch the surface, and you will find it all over.

person riding on tractor surrounded by peoples

In the early 20th century, New Orleans was at the forefront of marijuana prohibition in the United States. The city’s first ordinance banning marijuana was enacted in 1923, following a wave of public concern over its perceived dangers. This period, often referred to as the “marijuana menace,” was marked by police raids and arrests of users and sellers, with those caught being dubbed “muggleheads” by the press and law enforcement24. The state of Louisiana soon followed with its own prohibition laws, solidifying marijuana’s illegal status.

Fast-forward to 2016, when New Orleans took a significant step towards decriminalizing marijuana possession. Ordinance 31,148, signed into law by Mayor Mitch Landrieu, allowed for the issuance of summonses instead of arrests for marijuana possession, reducing penalties to modest fines1. This move was part of a broader trend across the U.S. to reevaluate marijuana laws, reflecting changing public attitudes towards the drug.

Currently, the only legal way to purchase and consume marijuana in New Orleans is through the state’s medical marijuana program. Patients must obtain a recommendation from a licensed healthcare provider to access cannabis products from approved dispensaries3. Louisiana also offers reciprocity for out-of-state medical marijuana patients, allowing them to purchase cannabis while visiting the city

The current political environment in the state doesn’t seem to eager to legalize something already used by a significant portion of the public.  But for now, everyone in town for party will have plenty of access.



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