Author: Jorgen Rasmussen

Redi Reports

As the first state to adopt legal recreational marijuana, Colorado has served as the proverbial canary in the coal mine for this process. From January 2014 through February 2020, approximately $2.1 billion dollars of recreational marijuana revenue was taken in by dispensaries in Denver County. We estimate that approximately 2% of the observed growth in the mean value of Denver County single-family homes in the above period is associated with legalized recreational marijuana revenue generated in that time.…
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