A password will be e-mailed to you.

Licensed vendors in Rocky Mountains ski resort Aspen made $11.3m (£8.2m) from selling cannabis in 2017 Sales of marijuana have overtaken alcohol in a city in Colorado, three years after the state became the first in the US to legalise recreational use of the drug. Licensed vendors in the ski resort of Aspen raked in $11.3m (£8.2m) income from cannabis last year, compared to $10.5m (£7.6m) brought in by off-licences.  It is believed to be the first time legal marijuana sales have eclipsed those of alcohol anywhere in the US. Aspen’s first cannabis shop opened in March 2014, three months after legislation for taxing and regulating sales came into force across Colorado. By the next year the resort, which has a population of less than 7,000, had seven licensed distributors. Aspen’s cannabis sales grew 16 per cent last year compared to 2016, when shops brought in $9.7m (£7m) from the drug, said the city’s finance department. The marijuana industry is the fastest growing of Aspen’s 12 retail sectors, according to figures in an end-of-year sales tax report. Marijuana sales overtake alcohol in US city for first time

thumbnail courtesy of independent.co.uk