Colorado makes $2 million in pot taxes in 1 month

The state of Colorado collected $2m (£1.2m) in taxes from newly legalised recreational marijuana businesses in January.

Colorado became the first US state to legalize the commercial sale of cannabis in 2012, and stores opened for business on 1 January 2014.
In total, 59 marijuana firms filed tax returns on an estimated $14m in sales.
Overall, the state collected a total of $3.5m in marijuana taxes if medical marijuana firms are included.

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