The Denver Post reported Tuesday that the actual amount in retail sales and excise tax came in at just over $12 million, according to Colorado Department of Revenue.
State Rep. Dan Pabon said it might be time to look at medical marijuana. Pabon chairs a special legislative committee on marijuana revenue that met for the first time Tuesday.
A market study for the state found that the lower-taxed medical-marijuana market continues to outpace the recreational market in sales. Recreational sales are expected to grow.
State economists are coming out with new forecast next month using the data from the first six months of sales.
More Nation & World Headlines
GOP turns to reluctant Paul Ryan for speaker post Donald Trump says Bowe Bergdahl should have been executed NASA spacecraft finds blue sky, red ice at Pluto ‘Dateline NBC’ gathers Bill Cosby accusers for special ‘Lucky’ pig gets new home after fall onto Colorado highway Greek town to test new driverless buses Congressman’s letter clouds McCarthy leadership withdrawal Russian missiles aimed at Syria apparently fell in Iran
Our new comment system is not supported in IE 7. Please upgrade your browser here.