Amendment 64 Analysis
Summary of the Study
Colorado voters approved Amendment 64 in November 2012, legalizing the production, sale and use of adult recreational marijuana under Colorado law. Since then, various mechanisms of state government have been looking at how to implement the amendment, including how best to regulate and tax the sale of recreational marijuana.
In this report the Colorado Futures Center at Colorado State University sought to provide a clear‐eyed and unbiased analysis of the fiscal impact of the proposed Amendment 64 tax measures as part of a broader commitment to look holistically at the sustainability of Colorado’s state budget.