Cannabis Revenue In Colorado Rises Above Half A Billion

[SecularMotion]

Source: Fresh Toast

On Wednesday July 19th, Colorado representative Jonathan Singer was handed an oversized check for $500,000,000.00 to commemorate the half billion milestone in cannabis revenue in his state. The check was presented by VS Strategies in Denver, “…a government relations, issue advocacy, and strategic communications firm dedicated to advancing the cannabis industry in a dynamic yet responsible manner.”

Surpassing half a billion isn’t even entirely new. Since that number hit in May, already millions more (Almost 100 million!) have been generated. However, it was only Wednesday that VS Strategies publicly released the data.

The VS report also revealed that the taxes have increased exponentially every year since the law’s inception in 2014. Making 76 million in its first year, 135 million the next and then having the revenues spike to 198 million in 2016 is a joy to watch. More and more revenue is being generated, not only because ingesting cannabis’ rise in popularity nationwide, but because marijuana taboos are going up in smoke.

Read more: https://thefreshtoast.com/cannabis/cannabis-revenue-colorado-rises-half-billion/

[sandensea]

1. But we can't legalize it nationwide because some Nazi in the '70s found the War on Drugs handy

[Locrian]

2. and that's JUST taxes.... economic impact to the area is huge!

[Old Vet]

3. Well, Fuck those taxes.........

Where Iam from the corn is beginning to grow but we all know whats growing even better.

[Hulk]

4. .....marijuana taboos are going up in smoke" except for the little munchkin...sessions.

That backwoods idiot still thinks it's right up there with crack cocaine and opium dens. This is what you get when you pick old white men from the South. You stay in "old white man South mentality".