The official figures won’t be released until next month, but in Colorado, revenue from the first collection of taxes on recreational marijuana is by all accounts a bonanza.
Governor John Hickenlooper’s budget proposal for next fiscal year estimates that the state’s recreational and medical marijuana industry could reach $1 billion in sales — and bring in about $134 million in taxes.
Ben Markus of Colorado Public Radio joins Here & Now’s Jeremy Hobson with details.
Guest
- Ben Markus, reporter for Colorado Public Radio, a Here & Now contributor station. He tweets @CPRMarkus.
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