Marijuana enters retail market as Colorado stores open for business

A customer browses various types of marijuana being offered at the 3-D Denver Discrete Dispensary. Commercial sale of marijuana for recreational purposes became legal in Colorado on Wednesday and is expected to generate $67 million in annual tax revenue. Theo Stroomer / Getty Images via AFP

Marijuana users celebrated on Wednesday as Colorado became the first US state to allow retail cannabis sales, putting it in the vanguard of efforts across the country to legalize the drug.

The western state famous for its ski resorts and breathtaking mountain vistas has issued 348 retail licenses - including for small pot shops - that can sell up to 28 grams of pot to people aged 21 or older.

Washington state on the Pacific Coast will follow Colorado in several months when it allows stores to begin selling cannabis.

Iraq war veteran Sean Azzariti was the first to legally purchase cannabis for recreational use in the United States.

"It's an absolute honor, I couldn't be happier. It's a huge stepping stone for other states as well, so it's a huge honor, to say the least," Azzariti told reporters.

Azzariti, who campaigned for legalization, said marijuana helps alleviate his post-traumatic stress disorder symptoms.

As people's attitudes on marijuana use evolve, Colorado and Washington legalized recreational consumption of marijuana in November 2012 voter referendums, but the new rules coming into force allow cannabis shops.

"It just makes it an item of commerce, like going into a liquor store," a gray-haired Charles Pierce, 61, told AFP at the Denver Kush Club, where pot fans lined up in wind and sleet for the 8 am opening.

Denver Mayor Michael Hancock said he was proud of the city.

"I want to thank the businesses and consumers alike for acting responsibly and with great accountability today," he said in a statement.

"Denver is a progressive city, a vibrant city, and it's incumbent on all of us to continue getting this right," Hancock added.

State officials anticipate that marijuana sales will generate some $67 million in annual tax revenue.

Opponents of legalized cannabis warn that it can lead to higher rates of marijuana use and addiction, even among those young people who technically are not sanctioned to use the drug.

They also say that marijuana users face a raft of health and psychiatric problems, noting that pot is often a gateway drug that can lead to abuse of more serious substances.

Supporters hailed its legalization - and legal sale - in Colorado as historic, and a possible sign of things to come elsewhere.

"The state is demonstrating to the rest of the nation and the entire world that regulating marijuana works," said Rob Kampia, executive director of the Marijuana Policy Project, one of the leading backers of the ballot initiative to legalize marijuana.

"It's only a matter of time before lawmakers and voters in more states adopt similar laws regulating marijuana like alcohol."

Colorado's branch of the National Organization for the Reform of Marijuana Laws said that everyone will benefit.

"It will mean jobs, tax revenue for the state and local jurisdictions, increased tourism and a developing progressive new industry in Colorado," NORML attorney Rachel Gillette said.

Michael Elliott, head of the Medical Marijuana Industry Group, noted that Colorado has licensed medical marijuana businesses since 2010, but said the influx of tourists for recreational use of pot could lead to shortages.

"It's tough to know whether supply will meet demand, mainly because it's tough to know the impact of tourism on this new market," he said.

Tax collectors are eyeing the revenue the newly legalized trade will generate, while cannabis growers and others are also rubbing their hands in anticipation.

Agence France-Presse