Tip Line: 574-344-5557 | news57@abc57.com

Colorado has slow start with marijuana tax revenue

Officials are finding out that marijuana may not be as profitable as first thought.


It has been three-months since pot was legalized in Colorado and experts are saying the state may not raise as much in taxes as it hoped.


More than $3-million was raised in January and February from special sales taxes on recreational marijuana.


A slow start to get the $23-million the state was expecting by July.


Fewer people switched from buying medical marijuana to buying recreational marijuana than first expected.

Share this article: