Saturday, December 08, 2018

ROCKY MOUNTAIN HIGH: The Little Town That Pot Built…

Instapundit Blog Archive ROCKY MOUNTAIN HIGH
"ROCKY MOUNTAIN HIGH: The Little Town That Pot Built.
Garden City isn’t much of a city; it’s smaller than a square mile and has fewer than 300 residents. But it could afford to spend $3 million on downtown infrastructure upgrades thanks to its four bustling marijuana retailers.

Before the first medical marijuana dispensary in town opened in 2009, Garden City collected about $360,000 in revenue each year, said longtime Town Administrator Cheryl Campbell. Now pot is legal for recreational use, too, and last year, the town raked in over $2 million from sales taxes alone — mostly from the sale of bud, pre-rolled joints, edibles and other pot products...
 But:
Thanks to the influx of sales tax revenue, Garden City has been able to spend more on public works...
The money also has allowed the city to add new services. Garden City used to be patrolled by the county sheriff’s office, but now it can afford its own four-person police force..."
"Government expenditures will expand to exceed revenues".--Posted by Stephen Green"
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