Colorado Makes $2 Million in Pot Taxes
A Monday report documenting the world's first accounting of recreational pot revealed that Colorado made almost $2 million in marijuana taxes in January alone. $14.02 million worth of recreational pot was sold since the commercial sale of marijuana officially began in January. Pot was first legalized in Colorado in 2012, and there are now around 160 state-licensed recreational pot stores. The current debate, exemplified by intensified lobbying, is how the pot money will be spent. A budget proposal has already been submitted to the Legislature by Gov. John Heckenlooper that includes new spending on advertisement against driving while high and anti-drug messaging for kids.
By Jordan Moses
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