Salem-News.com Colororado articles

Colorado Marijuana Tax Revenue Greatly Exceeds Expectations

"...the fact that prohibition empowers criminal gangs, undermines public safety and is ultimately ineffective beat tax revenue as compelling reasons in my mind." - Major Neill Franklin (Ret.), executive director of Law Enforcement Against Prohibition.

(DENVER) - Official estimates expected about $70 million in tax revenue from marijuana sales annually in Colorado.

But after seven weeks of sales government officials now believe revenues will be closer to $98 million.