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re: CO Annual Marijuana Sales Top $1B For First Time

Posted on 12/13/16 at 10:18 am to
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36744 posts
Posted on 12/13/16 at 10:18 am to
quote:

$1B in sales. 12.9% sales tax. and only $50M in taxes collected?



I could be wrong but I am pretty sure sales tax is done periodically and not month to month.

So they haven't collected on all of that 1b yet
Posted by Watchmaker
Member since Aug 2016
768 posts
Posted on 12/13/16 at 11:35 am to
Taxes are much lower for medical users. That may account for the discrepancy?

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