Colorado Brings in $60 million in Tax Revenue
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The subscription service is currently unavailable. Please try again later.Colorado has brought in more than $60 million dollars in tax revenue off of marijuana during 2015. Marijuana may be considered “blood money” to Republican presidential candidate Chris Christie, but people here on planet earth see that as a partial solution to a problem faced by many states; a strained budget.
Marijuana has helped improve Colorado’s infrastructure and future. During the first six months, the state received $16.6 million for school construction projects. Too bad Governor Christie is only worried about improving his budget instead of New Jersey’s.
Numbers do not account for ancillary businesses
During 2015, the Colorado marijuana industry generated more than $440 million in revenue from the sale of recreational and medical marijuana. It is important to note that these numbers only take into account the actual sale of marijuana and do not account for the revenue generated by ancillary businesses such as grow lights, soil,...
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