3 Months Since Legalizing Marijuana, Colorado Tax Revenues Swell

http://www.policymic.com/articles/89165/colorado-s-marijuana-sales-keep-seeing-green

The state’s Department of Revenue reports that marijuana retailers sold nearly $19 million in recreational weed in March, up from $14 million in February. The first three months of legal weed have netted about $7.3 million in taxes, not including medical marijuana sales taxes and licenses, which bring the number to $12.6 million. In it’s first few months, Colorado could already soon be outpacing those historic first-day sales on a daily basis.

Retail marijuana sales taxes brought in $1.4 million in January, $1.43 million in February and now $1.898 million in March — a clear upward trajectory. And total marijuana tax transfers and distributions went from $2.927 million in January to $4.077 million in March.

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