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
Pope’s decree on abortion may signal change in tone, not practice Supporters of Iran deal near key vote total to back up Obama Home detention for white police chief who shot black man Missouri executes man for 15-year-old girl’s 1989 killing Obese at 50? Midlife weight may affect when Alzheimer’s hits Police in Georgia responding to wrong house shoot dog, homeowner Bush-Trump dispute intensifies, Bush hitting back harder California to end unlimited isolation for most gang leaders
Our new comment system is not supported in IE 7. Please upgrade your browser here.