The pot industry is absolutely going insane in Colorado and new numbers have been released to prove this. In each county, the numbers have gone up to show the improvement. The tax revenues are up almost 100%. In Denver county, from May 2014 to May 2015, revenue has jumped $546,000, equating to $1.5 million in 2015. Over the same period of time, Boulder County jumped $172,000 while Jefferson County jumped $104,000.
“Colorado is leading the way,” said Matt Binder, who is visiting from Hawaii. “I don’t like all that money going to gangs and cartels. I’d much rather see it go to the state. I’m sure we could use it.”
“People are coming here every day to talk to me and to talk to other business owners about what we’re doing here. We’ve done it right” said Jamie Perino, owner of Euflora marijuana shop.
The numbers are amazing. The state has reported that marijuana tax revenues soared from $25 million the first half of 2014 to the first half of 2015. According to the Department of Revenue, $23 million in tax revenues will be put towards funding public schools this year. Just in June, revenues hit $3 million. The tax revenues are not going towards schools go to the state’s general fund. A light portion is giving to cities that have marijuana shops.
“It’s not surprising, especially when the people are responsible for bringing this in,” said chief organizer of the Denver 4/20 rally, Miguel Lopez.
“With that kind of revenue, you could take states that are really in the red and help pull them out,” said Perino. “The wave of change is slowly starting to take shape. Colorado set a really good precedence within the U.S. We can only hope that the government is doing the right thing with it.”