Colorado hits 12.6 milly in the first three months
Post# of 56323
Posted On: 06/09/2014 11:01:22 AM
Colorado hits 12.6 milly in the first three months. If this keeps going
the way it's going coupled with other factors, they could potentially be
looking at between 50 or 65 Mil. the first year. Does anyone remember
what the original projections were? I don't believe they were that high?
COLORADO: It hasn’t been long since Colorado officially legalized marijuana, and within a short time period, marijuana sales are already flourishing. According to the Colorado Department of Revenue, in March alone, retail taxes on recreational marijuana reeled in $1.898 million to the Colorado government. After adding in medical marijuana sales tax and licenses, the first three months of marijuana sales have yielded a net of $12.6 million in taxes. This should not come as a surprise as it was reported that owners of marijuana stores collectively made $1 million in sales the first day recreational marijuana was legally made available to consumers. With such promising numbers and a continuing upward trend in sales, the legalization of recreational marijuana has had a positive effect on Colorado’s economy.
http://mjnewsnetwork.com/business/colorados-m...rocketing/
I love the guy's T-shirt in the photo.
Jax
the way it's going coupled with other factors, they could potentially be
looking at between 50 or 65 Mil. the first year. Does anyone remember
what the original projections were? I don't believe they were that high?
COLORADO: It hasn’t been long since Colorado officially legalized marijuana, and within a short time period, marijuana sales are already flourishing. According to the Colorado Department of Revenue, in March alone, retail taxes on recreational marijuana reeled in $1.898 million to the Colorado government. After adding in medical marijuana sales tax and licenses, the first three months of marijuana sales have yielded a net of $12.6 million in taxes. This should not come as a surprise as it was reported that owners of marijuana stores collectively made $1 million in sales the first day recreational marijuana was legally made available to consumers. With such promising numbers and a continuing upward trend in sales, the legalization of recreational marijuana has had a positive effect on Colorado’s economy.
http://mjnewsnetwork.com/business/colorados-m...rocketing/
I love the guy's T-shirt in the photo.
Jax
(0)
(0)Creative Edge Nutrition Inc. (FITX) Stock Research Links
Scroll down for more posts ▼