In 2012, Colorado voters gave approval to Amendment 64, legalizing recreational cannabis for everyone 21 and older. Among the law’s most vocal and prominent opponents was the state’s Governor, John Hickenlooper, who called the decision by voters “reckless”. At the time, Hickenlooper said he would “wave a magic wand” to reverse the decision, if he could. Now, over three and a half years later, the governor has changed his tune.
During a recent discussion at the Milken Institute Global Conference in Los Angeles, Hickenlooper said; “If I had that magic wand now, I don’t know if I would wave it… It’s beginning to look like it might work.”
Hickenlooper’s comments come on the heals of recent data released by the state’s Department of Revenue, which shows that there has been over $270 million in legal cannabis sold in the first three months of this years, which has resulted in over $35 million in taxes for the state; last year there was just about a billion dollars worth of cannabis purchased legally.