Pueblo, Colorado– The story of Pueblo is a cautionary tale of what happens when local governments try to resolve their financial difficulties with tax revenue from marijuana. This small city with a population of 120,000 is a former steel mill town which fell on hard times. It ranks #2 in the state for poverty.
Seventy percent of the counties in Colorado opted out of Amendment 64, which commercialized and legalized marijuana. The city of Pueblo banned retail marijuana, but the county of Pueblo began to give licenses to marijuana grows and retail stores. Pueblo County commissioners saw marijuana as an opportunity to fill empty factories and create jobs. They made the decision against the wishes of most of the county’s 160,000 residents.