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First Time Ever – A State Generates More Annual Tax Revenue From Marijuana Than From Alcohol

First Time Ever – A State Generates More Annual Tax Revenue From Marijuana Than From Alcohol

16 September 2015 at 16:08 Comments are Disabled

For the first time in history, a state has generated more annual revenue from taxes imposed on marijuana than from taxes imposed on alcohol. According to the Colorado Department of Revenue, the state collected nearly $70 million in marijuana-specific taxes and just under $42 million in alcohol-specific taxes from July 1, 2014 through June 30,Read More …

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