Colorado now has a cannabis business office


Colorado Governor Jared Polis has just announced the creation of a new division in the state’s government – the Cannabis Business Office.

Colorado legalized recreational marijuana back in 2012, and since then our state has served as what some would call a “guinea pig” for laws and regulations pertaining to the plant.

Now, with pharmacies across the state of Centennial and nearly a decade in legal existence, the marijuana industry can be described as nothing less than a bloom … no pun intended.

The newly established Cannabis Business Office was created to “promote social justice, provide financial and technical assistance, and create jobs to entrepreneurs” in Colorado’s legal marijuana industry, valued at approximately $ 2.2 billion Has.

Governor Jared Polis said of the new office when announcing its creation:

The Cannabis Business Office shows our administration’s focus on growing this thriving industry that supports jobs and our economy. Where the federal government has fallen behind, Colorado will lead. Colorado is and always has been the best place to live, work, grow and sell cannabis.

Since legalizing recreational marijuana, the state of Colorado has seen a tremendous influx of tax revenues, much of which has been used to fund the state’s schools and educational programs.

The newly established office is part of the Colorado Office of Economic Development and Trade and will focus on helping not only those selling the property in areas that may not be as financially secure as others, but also encouraging minorities to get away from it all to benefit from the growing industry.

[Western Slope Now]

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