Pioneer pot states have collected more than $200 million in marijuana taxes
"It turns out government can be pretty good at this"
Wednesday, August 26, 2015
The first two states to legalize recreational marijuana have collectively raked in at least $200 million in marijuana tax revenue, according to the latest tax data -- and they're putting those dollars to good use. In Colorado, after about a year and a half of legal recreational marijuana sales, the state has collected more than $117 million in excise taxes from both the recreational and medical marijuana markets, according to the most recent data from the Colorado Department of Revenue. Washington state got a slower start.