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Wednesday, June 11, 2014

Pot Tax Collections Booming in Colorado

Colorado's marijuana market boomed in April as tens of thousands celebrated the once-underground 4/20 pot holiday.

Tax collections released Monday showed that Colorado sold about $22 million worth of recreational pot in April. That's an increase of about 17 percent from March and an increase of about 58 percent from January, the first month of retail sales.

An estimate from the Colorado Department of Revenue showed that Colorado made about $5.3 million from medical and recreational pot taxes and fees in April. That's up from about $5 million in March.

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4 comments:

Anonymous said...

It's booming in MD too, it's just that the money is going to the government's revenue agents, your local PD

Anonymous said...

Illegal pot and other drug sales are booming as well in Colorado. This because they can sell it for less money on the "black market."

Anonymous said...

OMG, Heather was right. She can fund the government off of taxing drug sales.. Don't let Brown hear this. Think, they can tax us to death and keep us so out of it we won't feel the pain. Libratards!

Anonymous said...

Are you listening, Maryland?