Marijuana Industry Has Boosted Economic Activity in the Tenth Federal Reserve District

Alison Felix and Samantha Shampine

Economic Bulletin, 2022, issue October 6, 2022, 4

Abstract: Since Colorado became the first state to open recreational marijuana stores in January 2014, the marijuana industry has expanded across the nation and to other states in the Tenth Federal Reserve District, including Missouri, New Mexico, and Oklahoma. Within the Tenth District, this expansion has increased commercial real estate demand and tax revenues and created jobs, but has also presented challenges for the industry and local communities.

Keywords: marijuana; Colorado; Federal Reserve Bank of Kansas City; employment; real estate (search for similar items in EconPapers)
Date: 2022
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