Pubdate: Sat, 09 Aug 2014
Source: Albuquerque Journal (NM)
Copyright: 2014 Albuquerque Journal
Contact:  http://www.abqjournal.com/
Details: http://www.mapinc.org/media/10
Page: A5

POT TAX HITS RECORD $24.7M

DENVER - New marijuana tax records from Colorado show June was the 
best-selling month yet for the state's recreational pot experiment, 
with $24.7 million in total sales.

The numbers released by the Department of Revenue also show 
recreational pot inching toward medical pot in total sales.

In January, Colorado's statewide sales tax on medical pot produced 
nearly twice the taxes produced by recreational pot. By June, the 
statewide 2.9 percent sales tax from medical pot brought in less than 
20 percent more than the same tax on recreational weed.

Since January, Colorado has reaped $29.8 million in taxes from 
marijuana. That figure includes taxes, licenses and fees from both 
medical and recreational pot.

- - Journal Wire Reports
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MAP posted-by: Jay Bergstrom