The first two states to legalize recreational marijuana have collectively raked in at least $200 million in marijuana tax revenue, according to the latest tax data — and they’re putting those dollars to good use.
Jen Hobbs How long does it take a state to collect more than $117 million in tax revenue from a single industry? About a year and a half. The Huffington Post reports that Colorado currently has collected that much from the recreational and medical marijuana markets. Trailing close behind is the State of Washington. Washington