- On May 12, 2015
- cannabis business, cannabis legalization, cannabis news, legal marijuana, marijuana business
According to an article in premier Denver pot magazine, the Cannabist, the month of March reflected record sales for the legal marijuana industry. More than $47 million of recreational marijuana sales were estimated by the Colorado Department of Revenue in a report released earlier this week. Nearly $2.6 million in funds were raised for school construction and close to $7 million in city revenue in the first 3 months of the year alone.
Combine those efforts with current average of $30 million per month in medicinal marijuana sales and it makes quite a staggering amount of taxable income for Colorado state revenue.
Check out the full article to view a nice visual display of legal marijuana sales in Colorado over the last two years:
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