What’s the Best Marijuana License Plate?
History was made in Colorado in April 2021 when the first cannabis vanity auction took place. This auction was an opportunity for cannabis enthusiasts to show their love and support for the legalization of cannabis, with the proceeds going towards an important course. At the event, the rights to fourteen different official state license plates were auctioned off to private individuals. The auction was set up to raise funds for the Colorado Disability Funding Committee.
The license plates were all cannabis-themed and pretty catchy. The list of fourteen cannabis-themed license plates is: ISIT420, BONG, GREEN, HONEY, GANGA, HERBS, INDICA, HASH, SATIVA, INDICA, GOTWAX, HAPPY, TEGRIDY (which refers to a fictional cannabis farm in Colorado) and STASH. All of these license plates are related to cannabis culture and prompt marijuana enthusiasts to show their support. The Colorado Disability Funding Committee is an organization that makes life easier for people with disabilities in Colorado in order to receive and keep benefits.
Speaking of the event, Colorado Governor Jared Polis said, “Colorado prides itself on our creativity and ingenuity. We have been leaders in cannabis for over a decade, and these efforts enable us to fund critical projects and programs in.” our disabled community “. In fact, the auction was a huge success as it raised thousands of dollars for the Colorado Disability Funding Committee.
The way the cannabis vanity auction went
The cannabis vanity auction lasted seven days from April 13th to 4:20 pm on April 20th. The closing date for the global April 20th was set on April 20th. Winning the auction for a particular plate meant that the winner was given the exclusive right to use the configuration (of the plate) at a later date. In an interesting twist, the license plate with the configuration ISIT420 received the highest bid at the auction. The highest bids for each license plate are as follows:
ISIT420 – $ 6,630,
TEGRIDY – $ 4,930,
BONG – $ 3,890,
GREEN – $ 3,510,
GANJA – $ 3,500,
HONEY – $ 3,450,
HAPPY – $ 3010,
HERBS – $ 2,800,
INDICA – $ 2,710,
HEMP – $ 2,510,
HASH – $ 2,500,
SATIVA – $ 2,210,
GOTWAX – $ 1,890,
STASH – $ 1,860.
Following the success of the event, the state announced that another cannabis vanity auction would take place in 2022. A commendable part of the auction was the Anti-Driving Message posted on the official website. The message read, “Do not ride at high altitude! Please use cannabis responsibly within all Colorado laws.”
How Colorado Spends Its Marijuana Money
Legalizing marijuana in Colorado has brought tremendous benefits to the state. Taxes on marijuana sales have contributed to government revenues. In 2019, Colorado had cannabis sales of $ 1.75 billion. This money comes from three different taxes on marijuana sales. These taxes include a 2.9 percent tax on recreational and medical marijuana sales, a 15 percent excise tax, and a 10 percent tax on retail sales known as special sales tax. The Colorado government uses the revenue from these taxes on a handful of projects. Some of the projects that previously benefited from these taxes are listed below.
Of the excise tax levied each year, $ 40 million is allocated to the BEST project. BEST stands for Building Excellent Schools Today, a project launched to fund the renovation and rebuilding of buildings that are in disrepair in state public schools. Public schools and education providers can apply for these funds.
In 2017, the Department of Public Health and the Environment was allocated over $ 18 million. This funding aimed to fund a variety of programs, including the marijuana awareness campaign, as well as the provision of drug abuse prevention grants.
The Department of Agriculture was also previously the recipient of the marijuana tax and received $ 3 million in 2017 for projects that include FAA programs, inspection services, and pest control.
The marijuana tax money was used to support other government projects that include literacy programs as well as school bullying prevention programs.
Cannabis culture in Colorado
Colorado has one of the most interesting cannabis cultures in the entire United States of America. With a great cannabis industry that is consumer driven, cannabis culture in the state is definitely one to experience. There are roughly 520 recreational pharmacies in Colorado, so you can be sure to find legal cannabis near you. If you’re on a trip to Colorado, or even a local getting used to cannabis culture, here are a few things to keep in mind before heading to a recreational pharmacy.
You must be at least 21 years old to enter a recreational pharmacy.
You must be in possession of a valid identity card. A government-issued identity card, passport or driver’s license is sufficient.
When you have this, you save yourself stress and a companion is waiting to take you into the beautiful world of Colorado cannabis.
Rules for Cannabis Use
There are certain rules for using marijuana in Colorado that are very important. Some of these rules are as follows:
As a recreational marijuana user, you can only buy one ounce of cannabis in a day from any given pharmacy. However, you can visit as many pharmacies as you want in one day.
Smoking cannabis in public is illegal. However, you can smoke privately in a marijuana-friendly hotel or consumption longue. You are also only allowed to take an ounce in these places.
Booting up is illegal and is considered a DUI. So don’t go up.
What do you think of this event? What do such events mean for the general development of the cannabis industry? Are you an important step in the right direction? Let us know in the comments section below.
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