Does sparking up some good bud mean consumers drink less Bud?
That was the worry some expressed when recreational marijuana was legalized in Colorado on Jan 1 of this year. Well here’s the early data.
Bars and liquor stores in Denver logged $7.8 million in sales taxes from January to April, a year-over-year increase of 6.7 percent, according to figures provided by the city. By comparison, they grew by 0.3 percent in the same period of 2012 and by 3.9 percent in 2011.
Looks like a rising tide of party options may lift all boats.