Colorado Sells $19 Million in Weed in March: $1.9 Million Goes to Schools and Crime Down 10%

by Christina Sarich – All the naysayers who were against marijuana legalization are eating crow about now. Colorado’s weed sales just keep trending up, and with the sales of legal weed, they are improving their schools and reducing overall crime rates. Not counting medicinal weed sales, Colorado sold nearly $19 million in their recreational weed market in the month of March, and $1.9 million of that goes straight into government coffers and towards building schools. At this pace, according to PolicyMic, Colorado will make $30 million this year in pot taxes alone. What’s even more promising is that these numbers are still low estimates, as the recreational and medicinal marijuana markets (coinciding just fine, take note Washington) are likely to keep trending upward. Many say that a figure closer to $60 million in weed tax revenue is a more likely assumption. Medical marijuana is also not as heavily taxes as recreational...

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