It has been more than a decade since Colorado legalized marijuana for adults, and new polling finds most voters continue to support legalization and recognize the economic benefits of the state’s legal marijuana industry.
A statewide survey of 698 registered Colorado voters was conducted April 8–9 by Public Policy Polling.
It found seven out of 10 (71%) voters think marijuana should be a legal product for adults, similar to alcohol, and fewer than one in four (23%) think it should be illegal. These results appear to be in line with the Colorado Polling Institute’s March 2024 Statewide Poll, which found two out of three voters (67%) see the passage of Amendment 64, which allowed the regulation, sale, and taxing of marijuana, as a good thing.
The April PPP survey also found most voters (56%) believe Colorado’s regulated marijuana industry has had a positive impact on the state economy. Specifically:
- Five out of eight (63%) think the tax revenue generated by marijuana sales has been important for the state. Earlier this month, the Colorado Department of Revenue reported it has collected more than $2.68 billion in marijuana tax and fee revenue since legal adult sales began in January 2014.
- One in five Colorado voters (21%) said they have friends, family members, or acquaintances who work either directly for a marijuana business or for a non-marijuana business that provides products or services that are used by marijuana businesses. Colorado has nearly 23,400 full-time equivalent cannabis jobs, according to an annual jobs report released this month by Colorado-based marijuana staffing company Vangst.
The PPP survey also asked voters for their opinions on the laws and policies regulating marijuana sales and production, finding 70% think they should be no stricter than those regulating alcohol. The Colorado Legislature is currently considering a bill (SB24-76) aimed at streamlining marijuana regulations in the state.
Statement from Chuck Smith, president of the board of directors for Colorado Leads:
“Support for legalization in Colorado has grown significantly since voters made the decision to end prohibition and start regulating marijuana for adult use. We now have more than a decade of experience that shows legalizing and regulating marijuana works. Colorado’s experience has also proven that many legalization opponents’ fears were unfounded. It should come as little surprise that there is now far less opposition to legalization.
“The past couple years have been challenging for the regulated cannabis industry, so it is heartening to see most voters recognize its significant economic contribution to Colorado. The state lost several thousand cannabis jobs since last year, but it is still creating countless opportunities for Colorado workers and businesses. Marijuana tax revenue has far exceeded original expectations, and to date it has generated more than $2.6 billion for everything from school construction projects to mental health services.
“Colorado has been a leader on cannabis policy for over a decade. More than ever before, Coloradans want marijuana to be regulated like alcohol. As public attitudes continue to evolve, it is critical that our laws and policies evolve, as well, so our state can remain at the forefront of this emerging global industry.”
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New Member Spotlight: ACW Supply
/in Uncategorized /by AdminWe are excited to welcome ACW Supply as the latest member of Colorado Leads!
Colorado Leads member companies include a wide range of licensed cannabis operators and ancillary businesses, and we encourage any organization or individual who shares our vision and mission to consider joining. Visit the Membership section to learn more.
Colorado Legislature Gives Final Approval to Bill Aimed at Streamlining Marijuana Regulations
/in Colorado, Legislation, Politics, Uncategorized /by AdminThe Colorado General Assembly gave final approval Wednesday to a bipartisan bill aimed at streamlining the state’s marijuana regulations. It is now headed to Gov. Jared Polis for his signature.
SB24-76 was sponsored by Sens. Kevin Van Winkle (R) and Julie Gonzales (D) in the Senate and Rep. William Lindstedt (D) in the House.
In summary, the legislation:
The bill also includes a couple provisions related to the distribution and display of educational resources.
Statement from Chuck Smith, president of the board of directors for Colorado Leads, which supported SB24-76:
“We applaud state lawmakers for taking action to streamline marijuana regulations. As the first state to legalize and regulate cannabis, Colorado established a number of rules that were perceived as necessary then, but which we now know are unnecessary and overly burdensome. This legislation is an important step toward a more sensible and evidence-based system that not only protects public safety, but also allows for economic growth and opportunities.
The regulated cannabis industry has created tens of thousands of jobs and generated billions of dollars in tax revenue for Colorado. The economic benefits associated with legal marijuana have recently slowed due to several challenges, many of which are rooted in the laws and regulations that govern it. We appreciate Colorado lawmakers and regulators making it a priority to start chipping away at some of our state’s more arbitrary and problematic policies. There is still more work to be done, and we look forward to continuing this conversation with policymakers, the MED, and other stakeholders.”
About Colorado Leads
Colorado Leads is an alliance of cannabis business leaders created to educate the public and policymakers about the importance of a vibrant safe and sensibly regulated cannabis industry and its economic contributions. It comprises licensed operators and ancillary businesses that recognize a sustainable cannabis business climate and responsible cannabis industry are critical to the state’s economy and the wellbeing of local communities. For more information, visit https://coleads.org.
In Historic Move, DEA Will Reclassify Marijuana From Schedule I to Schedule III
/in Federal /by AdminNews broke today that the DEA will move to reclassify marijuana from Schedule I to Schedule III. Colorado Leads has already responded to several media inquiries, and you can hear a representative of the organization discuss the news live on the state’s leading talk radio station, KOA 850 AM, tomorrow (May 1) at 6:49 a.m. MT.
Leads also released the following statement:
“This is a truly historic development in federal cannabis policy that will have significant impacts on the legal marijuana industry in Colorado and throughout the nation. This is by no means the end of the line for federal reform, and we will continue to support efforts to treat cannabis more like alcohol, which is in line with the views of most Colorado voters.
“Rescheduling is a major step in the right direction, and its significance cannot be overstated. Perhaps most notably, reclassification under Schedule III will address the 280E tax issue that has unfairly forced state-legal cannabis businesses to pay a far higher effective tax rate than other legal businesses. Allowing marijuana businesses to start deducting ordinary business expenses will allow Colorado companies to retain more revenue, employ more workers, and further invest in their surrounding communities.”
The DEA’s proposal must be reviewed by the White House Office of Management and Budget, and it will then undergo a public comment period prior to final implementation. The experts tell us these periods are typically 30-60 days, but can be 90 days if DEA determines more time is needed.
New Polling Finds State Voters Are Pleased With Legalization and the Economic Impact of the Legal Marijuana Industry
/in Uncategorized /by AdminIt has been more than a decade since Colorado legalized marijuana for adults, and new polling finds most voters continue to support legalization and recognize the economic benefits of the state’s legal marijuana industry.
A statewide survey of 698 registered Colorado voters was conducted April 8–9 by Public Policy Polling.
It found seven out of 10 (71%) voters think marijuana should be a legal product for adults, similar to alcohol, and fewer than one in four (23%) think it should be illegal. These results appear to be in line with the Colorado Polling Institute’s March 2024 Statewide Poll, which found two out of three voters (67%) see the passage of Amendment 64, which allowed the regulation, sale, and taxing of marijuana, as a good thing.
The April PPP survey also found most voters (56%) believe Colorado’s regulated marijuana industry has had a positive impact on the state economy. Specifically:
The PPP survey also asked voters for their opinions on the laws and policies regulating marijuana sales and production, finding 70% think they should be no stricter than those regulating alcohol. The Colorado Legislature is currently considering a bill (SB24-76) aimed at streamlining marijuana regulations in the state.
Statement from Chuck Smith, president of the board of directors for Colorado Leads:
“Support for legalization in Colorado has grown significantly since voters made the decision to end prohibition and start regulating marijuana for adult use. We now have more than a decade of experience that shows legalizing and regulating marijuana works. Colorado’s experience has also proven that many legalization opponents’ fears were unfounded. It should come as little surprise that there is now far less opposition to legalization.
“The past couple years have been challenging for the regulated cannabis industry, so it is heartening to see most voters recognize its significant economic contribution to Colorado. The state lost several thousand cannabis jobs since last year, but it is still creating countless opportunities for Colorado workers and businesses. Marijuana tax revenue has far exceeded original expectations, and to date it has generated more than $2.6 billion for everything from school construction projects to mental health services.
“Colorado has been a leader on cannabis policy for over a decade. More than ever before, Coloradans want marijuana to be regulated like alcohol. As public attitudes continue to evolve, it is critical that our laws and policies evolve, as well, so our state can remain at the forefront of this emerging global industry.”
Community Service Opportunity: Brothers Redevelopment Paint-A-Thon
/in Uncategorized /by AdminJoin Colorado Leads board member company Native Roots for the Brothers Redevelopment Paint-A-Thon, an event that has become one of the state’s largest volunteer events serving older adults. Created in 1978, the Paint-A-Thon is a free service for older adults or disabled homeowners who need their homes painted but cannot afford a commercial paint job.
Volunteer teams are essential to the event’s success, donating their time and energy to paint the homes of deserving older adults. You can help continue the tradition by recruiting a team of 10-25 people and signing up to paint a home any day from now through September.
September.
On every Paint-A-Thon project, Brothers Redevelopment staff ensures homeowners meet age and income guidelines, screen the property for need and size of project, work with homeowners to determine their color choices, carry out all EPA regulations that pertain to lead-based paint. Brothers’ staff also will promote the project to local media outlets. After the project is complete, Brothers staff will inspect the house and pick up any unused supplies.
How It Works
A volunteer team leader takes ownership of the project in cooperation with Brothers Redevelopment staff. Other volunteers just need to arrive and participate on an exterior painting project. Brothers’ staff are First Aid, CPR, and EPA Certified and will provide all painting tools, supplies, and materials including paint, ladders, rollers, brushes, and caulk, as well as direct the team’s work for the day.
Team leaders:
time of project).
To complete a volunteer form and organize your Paint-A-Thon event, contact Jason Stutzman, jasons@brothersredevelopment.org. See the volunteer registration form for more details.
Take Action: Urge JBC to Fund MED with Marijuana Tax Revenue to Prevent Fee Increases on Businesses
/in Colorado, Legislation, Politics, Uncategorized /by AdminColorado Leads is urging members of the Colorado cannabis industry to take action this week to help prevent additional marijuana licensing fee increases in Colorado.
Please take a minute to contact the members of the state Joint Budget Committee (JBC) and urge them to approve the Department of Revenue’s request for marijuana tax revenue to cover the current deficit in the MED’s budget. Without these funds, the MED may need to raise fees on marijuana businesses.
See below for more information and instructions on how you can help.
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New Member Spotlight: Keef Brands
/in Uncategorized /by AdminWe are excited to welcome Keef Brands as the latest member of Colorado Leads!
Colorado Leads member companies include a wide range of licensed cannabis operators and ancillary businesses, and we encourage any organization or individual who shares our vision and mission to consider joining. Visit the Membership section to learn more.
New Member Spotlight: Cheeba Chews
/in Uncategorized /by AdminWe are excited to welcome Cheeba Chews as the latest member of Colorado Leads!
Colorado Leads member companies include a wide range of licensed cannabis operators and ancillary businesses, and we encourage any organization or individual who shares our vision and mission to consider joining. Visit the Membership section to learn more.
New Member Spotlight: Apothecary Farms
/in Uncategorized /by AdminWe are excited to welcome Apothecary Farms to Colorado Leads as a new member of Colorado Leads!
Colorado Leads member companies include a wide range of licensed cannabis operators and ancillary businesses, and we encourage any organization or individual who shares our vision and mission to consider joining. Visit the Membership section to learn more.
New Member Spotlight: IDY Distributors
/in Uncategorized /by AdminWe are excited to welcome IDY Distributors to Colorado Leads as our latest social equity member!
IDY Distributors, a social equity owned company, is a leading distributor of regulated market cannabis products and a national fulfillment center for hemp-derived products. Since 2014, it has been providing quality and trusted transportation of products all across the state, ensuring all products its clients purchase and sell are 100% compliant. IDY takes the hassle and the risk out of buying wholesale product from third-party brokers, offering customize procurement and market analysis to help businesses grow.
Colorado Leads member companies include a wide range of licensed cannabis operators and ancillary businesses, and we encourage any organization or individual who shares our vision and mission to consider joining. Visit the Membership section to learn more.