DENVER – Mayor Michael B. Hancock today released the following statement regarding Denver City Council’s unanimous approval of a $3.35 million spending plan that will allow the city to meet immediate regulatory, safety and education needs directly tied to the new retail marijuana industry.
“As the first state to establish a retail marijuana industry, Denver and Colorado are creating a regulatory framework from the ground up. One that will serve as a model not only in the U.S. but worldwide. To ensure we get this right from the beginning, we must have the proper resources in place.
“I want to thank the Denver City Council for their thoughtful consideration of the spending plan. Their approval tonight will give the city the tools to appropriately regulate the industry and protect our neighborhoods, children, parks and other public spaces.”
CLICK HERE for more information about Denver’s updated marijuana tax spending plan for 2014.