THERE are still a few quirks at The Farm, a cannabis shop in Boulder, Colorado, that recall the back-alleys from which its industry sprang. It only accepts cash, because banks and other credit card providers are forbidden by federal law to accept drug money. Its cannabis products, including dope suppositories and intimate oils, as well as Sacred Dirty Chai truffles and a vast array of weed strains (named Karma Bitch, Ghost Trainwreck Haze and so forth) are sold from a backroom, which the shopper must provide a proof of identity to access. But the shop is not at all shady.
It is pleasant, trendy and staffed by well-mannered herb enthusiasts, known as “bud-tenders”. In one of America’s richest liberal havens, it is also thriving, to the benefit of all Boulder’s residents: the city levies a 22.35% sales tax on recreational dope, and hot demand for warehouse space from pot growers points to a boom. Having permitted the first legal dope shops to open in January 2014, Colorado is expected to have collected around $135m from dope taxes last year, around three times more than it will have made from taxing alcohol. Following its example—and pro-pot votes in California, Maine,...Continue reading
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