Posted On: 07/02/2014 7:41:14 AM
Post# of 5949
$202M in pot sales?! — 10 Colorado facts from six months into 2014
http://www.thecannabist.co/2014/06/27/202-mil...-in/14643/
This pales in comparison to the California market where RIGH/BG Medical Technologies/BudGenius (BGMT/BUDG) operates...
" In Colorado alone, the annual state and local tax revenue from medical marijuana businesses exceeds $11 million. In California, the state sales tax revenue from dispensaries is estimated at up to $105 million per year."
http://www.mpp.org/assets/pdfs/library/State-...mation.pdf
The above $105M is just tax revenue...
http://www.thecannabist.co/2014/06/27/202-mil...-in/14643/
This pales in comparison to the California market where RIGH/BG Medical Technologies/BudGenius (BGMT/BUDG) operates...
" In Colorado alone, the annual state and local tax revenue from medical marijuana businesses exceeds $11 million. In California, the state sales tax revenue from dispensaries is estimated at up to $105 million per year."
http://www.mpp.org/assets/pdfs/library/State-...mation.pdf
The above $105M is just tax revenue...
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