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Colorado marijuana retail stores report over $25 million in revenue

News Posted Aug 11 2014

Colorado marijuana retail stores report over $25 million in revenue

According to Colorado's recent tax report, marijuana sales in retail stores have reported over $25 million in sales. This comes with a 14% increase since May, when recreational sales were reported at $22 million.

Medical cannabis sales have slipped several times this year as the recreational industry gains steam. But dispensaries still racked up $194 million in revenue through the first six months of the year. The state has pulled in roughly $30 million from taxes, licenses and fees tied to medical and recreational marijuana in 2014.

Original article: http://mmjbusinessdaily.com/colorado-rec-sales-hit-record-25m-in-june/?utm_source=feedly&utm_reader=feedly&utm_medium=rss&utm_campaign=colorado-rec-sales-hit-record-25m-in-june

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