Tag: colorado taxes

Historic: State Generates More Annual Tax Revenue From Marijuana Than From Alcohol

For the first time in history, a state has generated more annual tax revenue from cannabis than from alcohol. Between the period of July 1st, 2014 to June 30th, 2015, Colorado collected nearly $70 million ($69,898,059) in taxes from cannabis, and just under $42 million ($41,837,647) in taxes from alcohol. This is according to data released …

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