Colorado set a new record for cannabis sales in 2017, but economists caution the growth will not continue forever. This slow down is likely due to the legal marijuana market absorbing the majority of the black market in Colorado.
Figures like this should fly in the face of Jeff Sessions and politicians who are attempting to reignite a failed war on drugs. Legalization is proving to be the best tool in fighting the illegal cannabis market while simultaneously providing an influx of tax dollars to the state.
Colorado marijuana sales hit $1.5 billion in 2017