Colorado’s total tax and fee revenue from the sale of legal marijuana has exceeded $1 billion since the state legalized the drug in 2014. Total marijuana sales within Colorado have passed $6.56 billion since legalization, with the state collecting more than $1.02 billion in taxes, licenses and fees, the state’s Department of Revenue said. Currently, […]
Washington reported Friday that stores within the state sold a little less than $3.8 million worth of cannabis during the first month retail sales of marijuana were legal there and that it expects to bring in more than $1 million in taxes. That is significantly less than Colorado who brought in over $2 million in […]
The state of Colorado brings in $3.5 million in cannabis-related tax revenue during the month of January. If this keeps up, the first state to legalize recreational marijuana could see $40 million by the end of the year. Read Full Story On http://www.forbes.com