Snow Get our FREE Weather Widget for your website! 5 day forecast | florida current weather | tx weather radar | weather in nyc | more cities | widgets | Stock Market Game | links | sitemap
Society's Child. Benefits of legalizing Marijuana in Colorado: Less crime and more profits. 1. Colorado's cash crop is turning out to be even more profitable than the state could have hoped. In March alone, taxed and legal recreational marijuana sales generated nearly $19 million, up from $14 million in February.
But we do know that legalization would lead to a positive revenue impact on the income and sales tax side.. According to a 2010 study from Cato, legalizing marijuana would generate $8.7 billion in federal and state tax revenue annually.axes aren't the only source of revenue that would come from legalizing weed, according to the study. State and local governments also stand to save billions of dollars that they currently spend regulating marijuana use.