Colorado Recreational Weed Sales Top $14 Million In First Month

“The figures represent the tax returns from 59 businesses around Colorado, according to the department.  Gov. John Hickenlooper (D) recently announced that he expects that the combined sales from both legal medical and recreational marijuana in the state will reach nearly $1 billion in the next fiscal year — about $600 million of that is projected to come from just recreational sales. The state stands to collect at least $134 million in taxes and fees.  Although the initial crush of retail pot sales has tapered off since January, sales and tax figures are expected to remain steady with more than 150 recreational marijuana dispensaries now licensed, and more added to that list every month.”

http://www.huffingtonpost.com/2014/03/10/colorado-marijuana-tax-revenue_n_4936223.html

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