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marijuana tax holiday

Colorado Makes More Money From Marijuana Than From Alcohol… a Lot More

Big Sky, MT today. photo: big sky

Colorado just became the first state in history to generate more tax revenue from marijuana than from alcohol. According to the Colorado Department of Revenue, Colorado brought in $70 million in taxes related to marijuana over the past year. Compare that to less than $42 million brought in during the same time period for alcohol. Yesterday, Colorado declared a marijuana tax holiday, meaning that for just that one day, there were no taxes on marijuana.

Avatar photo SnowBrains | September 18, 2015
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