Recreational marijuana sales in Colorado rose 22% in March to $19 million. A total of $5 million in taxes and fees were collected. Retail sales climbed from $14 million in January to $15.7 million In February.
Here's the breakdown of taxes and fees collected by the Colorado Department of Revenue in so far in 2014:
Total March February January
10% rec sales tax $4,735,568 $1,899,084 $1,434,916 $1,401,568
2.9% rec sales tax $1,424,448 $569,505 $438,253 $416,690
15% rc excise tax $1,144,840 $609,907 $339,615 $195,318
rec licenses & fees $308,700 $108,950 $103,450 $96,300
rec subtotal $7,613,556 $3,187,446 $2,316,234 $2,109,876
2.9% med sales tax $2,935,595 $999,900 $1,022,176 $913,519
med license & fees $2,044,571 $794,045 $754,165 $496,361
med subtotal $4,890,166 $1,793,945 $1,776,341 $1,409,880
Total $12,503,722 $4,981,391 $4,092,575 $3,519,856
Rec = recreational marijuana
Med = medical marijuana
