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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.
14 Ways Marijuana Legalization Could Boost The Economy. Two states became the first to legalize marijuana for recreational use Tuesday, but it's not just users that may get a high as a result. Colorado and Washington state voted Tuesday night to legalize marijuana, sparking celebrations distinct but not mutually exclusive from those rooting for Barack Obama. But it's not just stoners and Democrats who should be exhaling a deep cough of relief -- economists too may find the news worthy of some bubbles or bubblers.