The Colorado Department of Revenue has released its monthly report on the amount collected in April for marijuana sales and excise taxes and licensing fees.
Since January 1 when licensed sales of recreational marijuna began, the state has collected $25 million in taxes and licensing fees.
The figures are available here.
A chart showing collections by county is here.
Uruguay is the first country to legalize the production, sale and consumption of marijuana. It released the new rules today. A copy in Spanish is here.
The government will control every facet — including setting the price. Pot will initially cost around $1.00 per gram, in an effort to freeze out the black market. The government agency calling the shots is called the Institute for Regulation and Control.
Today we know that trying to eliminate marijuana has not been an effective measure and has only caused more problems. The marijuana market already exists and is controlled by drug trafficking.
Continue reading Uruguay Releases Guidelines for Legal Marijuana Market