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Sensi: Marijuana news – tax revenue from cannabis

Posted: February 11, 2016 at 8:30 am by , in Featured, Marijuana News, Morning Magazine

Newly released data from the Colorado Department of Revenue shows that sales of recreational and medicinal cannabis in 2015 reached $996,184,788.

That means the marijuana industry paid $135 million in marijuana taxes and fees in 2015. More than $35 million of which is earmarked for school construction projects, as per provisions in Amendment 64.