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Logical

(22,457 posts)
Mon May 11, 2015, 10:20 PM May 2015

Another record month for Colorado rec pot sales

For the third consecutive month in 2015, recreational marijuana sales in Colorado reached record highs in March, according to new Department of Revenue data released Monday.

More than $42.7 million of recreational cannabis was sold in Colorado pot shops in March, the most recent data available from the state. Those sales totals crushed previous records set in February ($39.1 million) and January ($36.4 million) 2015.

Another record for the state’s so-called marijuana experiment: Nearly $2.6 million was raised for school construction capital in March via the excise tax on wholesale marijuana transfers. The monthly excise taxes earmarked for schools never topped $2 million in 2014, the first year of recreational pot sales in Colorado or anywhere else — but they’ve raised more than $7 million in the first three months of 2015 already.

More at......

http://www.thecannabist.co/2015/05/11/pot-sales-marijuana-taxes-colorado-march/34703/
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Another record month for Colorado rec pot sales (Original Post) Logical May 2015 OP
Problem is, TABOR requires excessive revenues to be refunded eloydude May 2015 #1
there will be a measure on the ballot this year to keep the extra revenue fizzgig May 2015 #2
Please, think of the children... Fairgo May 2015 #3
Trust me, America didn't "just" start buying weed. Warren DeMontague May 2015 #4
It gives me hope Fairgo May 2015 #5
 

eloydude

(376 posts)
1. Problem is, TABOR requires excessive revenues to be refunded
Mon May 11, 2015, 10:27 PM
May 2015

to taxpayers.

So the pot taxes after the school gets their cut goes back to Colorado taxpayers.

It's time to get TABOR off the Colorado Constitution as it is no longer necessary - it was meant to be for when Colorado is in the hole - but it isn't and hasn't been for years...

fizzgig

(24,146 posts)
2. there will be a measure on the ballot this year to keep the extra revenue
Tue May 12, 2015, 01:26 AM
May 2015

it was part of a larger marijuana bill passed by the leg earlier this month. i knew it was going to make the ballot one way or another and i have almost no doubt it will pass.

i completely agree that we need to overturn tabor.

Fairgo

(1,571 posts)
3. Please, think of the children...
Tue May 12, 2015, 07:17 AM
May 2015

...Buy more weed America! Your local High School is counting on you!

Warren DeMontague

(80,708 posts)
4. Trust me, America didn't "just" start buying weed.
Tue May 12, 2015, 07:26 AM
May 2015

The difference, now, is it is legitimately sold, regulated, and taxed for consenting adult use, at least in 2 states and counting... which is as it should be.

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