legalized pot
Colorado’s legal weed market: $700 million in sales last year, $1 billion by 2016
Submitted by paula on Sat, 02/14/2015 - 11:27pm
Legal marijuana was a $700 million dollar industry in Colorado last year, according to a Washington Post analysis of recently-released tax data from the state's Department of Revenue. In 2014, Colorado retailers sold $386 million of medical marijuana and $313 million for purely recreational purposes. The two segments of the market generated $63 million in tax revenue, with an additional $13 million collected in licenses and fees.
