It’s no joke, Colorado is ROLLING (pun intended) in revenue from the taxes and licensing fees associated with legal cannabis sales.
From the Colorado Department of Revenue:
Colorado Marijuana Tax Data
“Total marijuana tax revenue includes the 2.9% retail and medical marijuana sales tax, 10% retail marijuana special sales tax, 15% marijuana excise tax, and retail/medical marijuana application and license fees.”
On an annualized basis, that’s at least $139,880,832.
The rhetorical question is:
What could Sweet Home do with even half the money like that?
Consider also this: That the legalization of cannabis also largely eliminates Read the rest of this entry »