According to a new report, it seems that legalizing the drug marijuana has hurt the state of Colorado more than it has helped it.
Conservative Centennial Institute is behind the study authored by third party firm QREM, and claims that for every dollar Colorado gains from marijuana legalization, $4.50 is spent mitigating the effects.
“It’s time to have an honest conversation about marijuana,” Jeff Hunt, Director of the Centennial Institute, stated.
According to the study, it is estimated that $381 million is lost through hospitalizations, $83 million through car accidents and $423 million through dropouts.
“It appears the Centennial Institute wants to shame consumers of marijuana,” Peter Marcus, a spokesman with Terrapin Care Station, a dispensary chain, defended.
According to Marcus, the report is largely based on assumptions.
