The state of Colorado pulled in nearly $200 million in tax revenue last year thanks to its $1.3 billion in marijuana revenue. The Colorado Department of Revenue announced Thursday the state’s revenue had pushed past $1 billion.
SAN FRANCISCO – A billion dollars of tax revenue, the taming of the. state to introduce the sale of recreational marijuana – Alaska, Colorado, Nevada. an Israeli-style irrigation system and a $1 million air filtration system.
Accused pair in Colorado STEM school shooting to appear in court amid questions and mystery – Notiziedi AP Reuters AFP (Agence france-presse) upi (united press international) bbc (British Broadcasting Corporation) CBC (Canadian Broadcasting Corporation) . ABC News CBS News NBC News NPR . The New York Times
Colorado, the first state to permit no-questions-asked marijuana sales to adults, reported $193.6 million in tax and fee revenue on the drug in 2016. In August, the Democratic candidate outlined .3 billion in proposals for new revenue – including higher income taxes on top earners, eliminating.
Welcome to new USA262 Dragon Owner Ray Jack Editor’s note: The following is a story about Stan Musial’s 3,000th hit on May 13, 1958, written by the late bob broeg, former post-dispatch cardinals writer/columnist/sports editor. Stan Musial, a.
Colorado has surpassed experts projects of taxes on the state’s recreational marijuana sales, earning $1 billion in revenue in roughly five years. Veuer’s Justin Kircher has more.
More. Colorado Pot Tax Revenue Exceeds $500M. Recreational weed sales have generated more than a half billion dollars for Colorado since its legalization, according to a recent analysis. About 51 percent of the accumulated tax revenue has gone to K-12 education, with $117.9 million of it used to.
By Carina Julig. Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014.
The cannabis industry in Colorado is thriving – the state has reached $1 billion in marijuana tax revenue. We must continue to lead the way.
That’s the latest lesson from Colorado, where state revenue from marijuana sales surpassed $1 billion for the first time. According to the Huffington Post, Colorado reached $500 million in revenue through licenses, fees, and taxes in its first three and a half years of legalization.
It took just 10 months for Colorado to hit $1 billion in legal marijuana sales this year. Colorado’s state coffers will receive roughly $150 million in sales taxes, $40 million of which will go to school construction projects. The rest of the revenue will go to the public school fund, substance abuse.
The Colorado Department of Revenue shows the total sales for the first 9 months of 2016 at $974.3 million, according to The Denver Post. With three more months of sales to be added to this figure, 2016 will easily outdo 2015’s sales of $996.2 million as well as exceed $1 billion in marijuana sales.