"Cannabis a multi-million-dollar tax windfall for Colorado"

[RandomVariable]

This headline caught my eye this morning:
Cannabis a multi-million-dollar tax windfall for Colorado - CBS News

The numbers were not as high as expected, but are still well in the black, as Colorado announced the revenues raised from its first month of legal recreational marijuana sales.

According to data released Monday by the state's Department of Revenue, Colorado brought in more than $2 million in taxes on sales from recreational cannabis in January. That number includes over $1.4 million from a 10 percent retail marijuana state tax, plus nearly $417,000 collected as part of the state's regular 2.9 percent sales tax. Roughly $195,000 was collected for the month through a 15 percent retail marijuana excise tax, with the proceeds going toward the construction of public schools in the state.

Total taxes, licenses and fees for January for sales of both medicinal and recreational marijuana in Colorado came to over $3.5 million.

...

 

[Moonglow]

not bad...better than building new jails....to house the offenders.

 

[Truthmatters]

gee the people get that money instead of a drug dealer?


what a great idea

 

[BlindBoo]

But......But.......

Think of the children........

....who could have been helped if research had not been unconditionally restricted all these years.

Marijuana stops child's severe seizures - CNN.com

 

[TheOldSchool]

common sense > outdated ideology

 

[bedowin62]

good one self-deluding left-wing morons. you said the same thing about cigarette taxes and lotto. but your blue states still found a way to spend the windfall and end up broke anyway

idiots and hypocrites

 

[TheOldSchool]

good one self-deluding left-wing morons. you said the same thing about cigarette taxes and lotto. but your blue states still found a way to spend the windfall and end up broke anyway

idiots and hypocrites

Your tantrumming is weak

 

[TakeAStepBack]

I love how the most important thing when it comes to giving people a degree of freedom like this, is how much money the state is going to get from it.




Statists gonna promote the state. it's just what they do.....

 

[CrusaderFrank]

gee the people get that money instead of a drug dealer?


what a great idea

You're thinking of Scott Walker and WI.

 

[TheOldSchool]

gee the people get that money instead of a drug dealer?


what a great idea

You're thinking of Scott Walker and WI.

You comparing Scott Walker to a drug dealer?