COLORADO: 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.