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Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 6:47 am
by VictorG
I came up with "harvest" myself!
http://www.bbc.com/news/business-26523833" onclick="window.open(this.href);return false;
Re: Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 1:49 pm
by Chizzang
10...9...8...
End of the world posts countdown
Re: Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 1:58 pm
by JoltinJoe
It's the end of the world!
Re: Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 2:20 pm
by 89Hen
Hyperbole alert in 3... 2... oh wait. I already missed it.
Chizzang wrote:10...9...8...
End of the world posts countdown
Re: Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 6:21 pm
by Chizzang
JoltinJoe wrote:It's the end of the world!
Well true enough Joe... ^
Nobody's as excited as you guys for the end of the world
Re: Colorado "harvests" $2M tax from pot
Posted: Tue Mar 11, 2014 6:51 pm
by BDKJMU
"
January Tax Haul in Colorado Less Than Projected
The $2 million collected in taxes from $14 million of retail marijuana sales in Colorado in January is well below the state's expectations.
The governor's office has projected sales of $32 million per month, or $380 million for 2014. At this rate, the figure would be $168 million (44% less than projected).
The taxes paid by 59 licensed marijuana businesses in January are as follows:
Special 10% excise sales tax: $1.4 million
State's standard 2.9% sales tax: $416,690
Marijuana business excise tax: $195,318
Total: $2,012,008
Of course, these figures are going to rise significantly once more stores are open and more product is available. A total of 167 marijuana-related businesses have received licenses to operate.
Another $913,519 in sales taxes was paid by medical marijuana dispensaries in January."
http://www.celebstoner.com/news/marijua ... f_type=tab" onclick="window.open(this.href);return false;