Why Colorado's Marijuana Makers Are at a Loss | The Fix
facebook twitter RSS
HOT TOPICS: Alcoholism  Addiction  AA  Cocaine  Heroin

Why Colorado's Marijuana Makers Are at a Loss

Yes, Colorado's growing pot boom has been very, very lucrative to some people. Alas, most of them live nowhere near Colorado.

Image: 

Are Colorado's farmers going to pot?
Photo via thinkstockphotos

By Dirk Hanson

04/12/11

| Share

High Times editor Dan Skye and members of his staff were so impressed with Denver’s massively-attended "Medical Cannabis Cup Contest" last week, that they excitedly endorsed Colorado as the new capitol of the marijuana movement. “It’s a state where I think the activists really have control,” Skye said. Not to mention a state that reportedly produces righteous weed as good as anything coming out of California or Amsterdam. Medical marijuana sales across the U.S. have become a $1.7 billion business these days, with sales growing dramatically every week. So you'd think Colorados's marijuana makers would all be driving around in their tricked-out new Mercedes. Alas, that's not the case.

In fact, local pot producers have been loudly complaining that several new laws imposed by the state legislature have taken a big bite out of their profits, including one that imposes licensing fees as high as $18,000, and another that mandates a year-long moratorium on new dispensaries. Since last year, marijuana shops have been required to personally grow 70% of the product they sell. And, most cruelly for out-of-state entrepreneurs, anyone who owns a pot shop must have lived in the state for at least two years—although a grandfather clause in the bill allows current out-of-state owners to keep trucking. “Still, somebody is surely enjoying a financial windfall thanks to the marijuana boom," Colorado news outlet Westword reports—"and the smart money would be on entrepreneurs from out of state.” Yes, the Colorado pot boom has been very lucrative for some people. But with local Coloradans stymied by state laws, the real winners are high-flying investors who live in California and Texas.

Rehabilitation Directories

Most Popular
Sober Living
An Audience with Gabor Maté

According to the rock star of addiction theory, every addict had a traumatic childhood whether they realize it or not.

The Rehab Review
Cliffside Malibu
 
 
 
 

The “beach-house-relaxed” Cliffside Malibu claims to provide an oasis for recovering addicts and alcoholics. And that’s just what you'll get—if you’ve got the cash.

Morningside Recovery
 
 
 
 

For a “rehab near the beach” experience that isn’t quite as costly as similar SoCal competitors, head to this Newport Beach treatment facility.

AToN Center
 
 
 
 

Whether you’re interested in the 12 Steps, SMART Recovery, or holistic treatments, this luxurious, appealing and commendable 4.5 star (our system doesn't yet show the 1/2 star) San Diego rehab has a program for you. 

Reflections
 
 
 
 

This exclusive Northern California rehab is all about client choice—as well as golf outings, Buddhist field trips and keeping up with the office.

Capo By The Sea
 
 
 
 

Capo By The Sea offers an executive rehab program complete with medical detox and a focus on dual-diagnosis issues, as well as an outpatient option in an environment that exudes the kind of beach house optimism one would expect from an Orange County recovery outfit.

Journey Malibu
 
 
 
 

Want many of the luxury amenities A-listers have come to expect—including an enormous backyard with a pool and patio, an herb garden, a volleyball net and a spectacular vista of the Santa Monica mountains—with a recovery program to match?

The Ultimate Guide to Rehab
 
 
 
 
 

What you need to know when choosing an addiction treatment center.

the fix tv