Colorado Recreation Marijuana Industry – Revenue Less than Estimated
While Illinois State lawmakers are looking to legalize medical marijuana for around 10,000 Illinois patients in need, several states have had similar laws in place for years. In fact, Colorado (as well as Washington) not only legalized medical marijuana, but allow marijuana to be used for recreational purposes. Colorado marijuana state laws have recently made the news when State Officials scaled back prior estimates about the state’s retail marijuana industry. Those estimates were believed to be upwards of $1 billion in sales this coming fiscal year, but as of May, the industry has collected about 4.2 million in sales and excise taxes. The drug wasRead More →