“Making marijuana legal for adults is not an experiment. Marijuana prohibition is the experiment, and the results have been abysmal,” said Mason Tvert, director of communications for the Marijuana Policy Project and co-director of the Amendment 64 campaign, in a statement. “Colorado is going to prove that regulating marijuana works, and it won't be long before more states follow our lead.”
According to the Denver Post, at least 37 stores across Colorado are fully licensed and opened to sell marijuana to anyone 21 or over for any purpose starting today. Lines were predictably long, based on this photo uploaded to Reddit:
Here's what the free market breakdown looked like, according to the Denver Post:
Within hours, the hand of the free market was already evident. In the face of strong demand, one shop raised its price for an eighth of an ounce from $25 to $45. Others kept prices steady. A number of shops imposed limits on the amount of pot customers could buy.
— John Ingold (@john_ingold) January 1, 2014
History made today. Stay green, Colorado.
I want more like this!
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