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It’s Not What You’d Expect For a Neighborhood Pot Shop

By
Real Estate Agent with Aspen Lane Real Estate Colorful Colorado CRE# 40005863

It’s Not What You’d Expect For a Neighborhood Pot Shop

 

Yesterday I was out running errands with my husband and we decided to stop and grab a quick bite to eat for lunch.  As we sat down at a table by the window, we had a full view of one of the newest Marijuana Retail Shows in South Aurora, Colorado.  The unique thing about this Pot Shop is that it resides in an old bank building.  It is very high tech and VERY popular.  We enjoyed watching the activity for about 20 minutes.  In that time, we saw car after car pull up to this establishment.  And we aren’t talking hippee types going in to buy some weed.  Nope, I am talking little gray and white haired old ladies pulling up in the Cadillac’s.  That’s right!  More than half of the customers entering the establishment yesterday afternoon, were little old ladies in nice vehicles. 

 euflora

Out of all the customers I saw pull up to Euflora in Aurora, only one looked like they fit the part of a pot shop customer.  The rest were people like you and me who you would never suspect of shopping in a pot shop.  Very interesting and eye opening for sure.

 

In November of 2012, Colorado became the first state (with Washington) to legalize Marijuana for recreational use.  Since then, we have been at the forefront of setting new guidelines and incorporating this legal right into our communities. 

 

The State of Colorado is enjoying a huge influx of money from the marijuana tax revenues.  According to the Washington Post, Colorado sold $313 million worth of cannabis for recreational use in 2014 and $386 million worth for medical use.  This resulted in about $63 million in tax revenue for the State of Colorado.  They have more money than they know what to do with. 

 

If we can finally get the FEDS to recognize the laws at State levels and allow these business to use FDIC insured banks, it would be a good day.  Presently these business owners are forced to deal in an all cash business.  This is dangerous for all and it just doesn’t make sense.  So come on Feds.  Pull your heads out of the sand and get on board.  This isn’t going away.

 

 

Comments(13)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Feb 16, 2015 12:16 AM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Of the approximately 47 BILLION people who attended Woodstock, they would all be cotton tops by now.

They didn't then and apparently don't care now what others think.

To the Grannies of the world who refuse to conform I say "YOU GO GRANNY!"

Feb 16, 2015 12:25 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Annette Lawrence You are so right.  The boomers are loving this turn in events.  Its funny how they have embraced the new laws and the opportunity to enjoy something new in the privacy of their own homes.  

Feb 16, 2015 12:27 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Belinda that must have been an interesting lunch!  Somehow I'm not surprised at all about the typical client - why I'm not sure!!

Feb 16, 2015 01:56 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Belinda -- I think there are many states envious of the successful roll-out by Colorado and Washington.  

Feb 16, 2015 02:16 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Anna Banana Kruchten It was certainly an eye opener.  I wish I could join those little old ladies when they partake just to watch!!!!!

Feb 16, 2015 02:20 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Michael Jacobs I think there are many states getting ready to jump on this bandwagon.

Feb 16, 2015 02:20 AM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

I never would have thought little old ladies... maybe it provides relief for the versitus???

have a great day

Feb 16, 2015 05:00 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I have often wished pot were legal in our state so my little old mother could get some and enhance her appetite.  She's wasting away....getting thinner and thinner.

Feb 16, 2015 08:43 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Belinda Spillman , It's hard for me to understand all of this, since I have never had pot and don't intend to.  We know someone who smoked pot pretty regular and was killed in an auto accident.  It was her fault.  We think that if she had not use it, she would have had all her senses and may have avoided the accident.

Feb 16, 2015 12:35 PM
Dan Spencer
Aspen Lane Real Estate - Aurora, CO
Your Colorado Home Source

Watching the Pot Barons on MSNBC shows all kinds of problems that comes along without the option of these businesses have a bank account. Danger Danger with that kind of cash running around in bags.  

Feb 17, 2015 12:21 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Call me old-fashioned but I'm not quite ready to go there. Even though it will bring more money to the state.

Feb 18, 2015 07:13 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Belinda

That must have been an entertaining lunch! I'd say pay a visit, do a video interview and help them with some marketing. LOL!

I had no idea the revenues were so significant, but I guess I'm not surprised. I expect there will be other states following.

Jeff

Feb 18, 2015 09:16 AM