Highlights of Marijuana Industry Study on Impact of Medical Cannabis in Colorado Cities

Medical Marijuana Business Daily

The Colorado medical marijuana industry has generated more than $181 million in revenues since 2010 and last year employed 4,200 state-licensed workers.

The amount of money Denver collected from the cannabis industry in 2011 was nearly enough to cover the city’s Parks and Recreation Administration budget.

And MMJ businesses account for roughly 10% of all local sales tax in the tiny Colorado mountain town of Nederland.

These are some of the findings in a new report titled “The Colorado Cannabis Industry: A Tale of 10 Cities,” released Thursday by the National Cannabis Industry Association.

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