

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.

Iraq
war veteran Sean Azzariti was the first person to legally purchase cannabis for
recreational use in the United States.
Azzariti,
who has campaigned to legalize weed, said marijuana helps alleviate his
post-traumatic stress disorder symptoms.

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

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.

Colorado's
branch of the National Organisation for the Reform of Marijuana Laws told AFP
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.

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

Medical
marijuana is already legal and regulated in 19 US states, and has been allowed
in some cases for the past 20 years. And in most of them, private consumption
of cannabis is not classified as a crime.

The
market is huge: from $1.4 billion in medical marijuana in 2013, it will grow by
64 per cent to $2.34 billion in 2014 with recreational pot added in Colorado
and Washington, according to ArcView Market Research, which tracks and
publishes data on the cannabis industry.
Source: Agencies
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