Colorado "harvests" $2M tax from pot

[VictorG]

I came up with "harvest" myself!

http://www.bbc.com/news/business-26523833" onclick="window.open(this.href);return false;

[Chizzang]

10...9...8...

End of the world posts countdown

[JoltinJoe]

It's the end of the world!

[89Hen]

Hyperbole alert in 3... 2... oh wait. I already missed it.

10...9...8...

End of the world posts countdown

[Chizzang]

It's the end of the world!

Well true enough Joe... ^
Nobody's as excited as you guys for the end of the world

[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;