In the wake of Amendment 64’s passage, some officials worried marijuana sales tax revenues wouldn’t pay for needed regulation. But at least in month one, such concerns proved to be unfounded.
The retail pot sales launch resulted in a gusher of cash, with more than $3.5 million in tax revenues collected statewide. Moreover, those counties that embraced the industry, as opposed to banning it, have been rewarded with oodles of moolah, too — none more so than Denver County, which has generated nearly $1 million. The Denver Westword has the local angle.