USA TODAY: Colorado collected more than $3.5 million in taxes and fees from both recreational and medical marijuana sales in January, according to figures released today by the state’s Department of Revenue.
Of that amount, more than $2 million came from recreational pot.
Colorado became the first state where recreational pot went on sale on Jan. 1. Washington is the only other state with legal recreational pot, which is expected to go on sale this summer… (more)
EDITOR: Let’s do some quick math. At $3.5 million per month, Colorado should rake in about $40 million for the year. Colorado’s population is about 5 million. Pennsylvania’s population is about 13 million.
Assuming all else is equal, Pennsylvania has the potential for $104 million per year. Plus we put the sale of illegal drugs in large part out of business! Moreover, think of the criminal justice system savings.
