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Crime Rates Fall in Colorado after Cannabis is Legalized

Ryan Allway

April 8th, 2014

Policy, Top News

Colorado’s crime rates have been falling after cannabis was legalized for recreational purposes on January 1, 2014. According to the Colorado Department of Public Safety, the doomsday scenario that law enforcement officials predicted failed to occur and crime rates have actually fallen quite rapidly across the board.

Property crime fell 14.6%, homicides fell 66.7%, and robberies fell 7% in Denver, Colorado compared to year ago levels. While a two-month sample size is inconclusive, many advocates at least point to the fact that crime rates haven’t risen in response to cannabis legalization as one might expect.

Critics say that an accurate view of the impact of cannabis legalization won’t be available for at least three or four years at the earliest. Ironically, these sentiments differ from the warnings heard leading up to legalization where many of the same critics predicted a state of chaos in the Denver metro area.

Some marijuana dispensaries have been burglarized, but the number is hardly widespread compared to a separate report. Cannabis advocates believe that these burglaries are largely the result of federal foot-dragging in providing legal dispensaries with access to the banking sector – forcing them to keep cash.

Separate studies have come to similar conclusions when it comes to medical marijuana access. For instance, a new study from UT Dallas found that legalization of medical cannabis is not an indicator of increased crime.

“We’re cautious about saying, ‘Medical marijuana laws definitely reduce homicide.’ That’s not what we’re saying,” said Dr. Robert Morris, the study’s lead author. “The main finding is that we found no increase in crime rates resulting from medical marijuana legalization. In fact, we found some evidence of decreasing rates of some types of violent crimes, namely homicide and assault.”

In the end, time will continue to tell whether or not these rates are here to stay, but the early indications are definitely positive for cannabis legalization and society as a whole.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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