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