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Colorado Marijuana Sales Hit a Record For 3rd Consecutive Month

For the third consecutive month in 2015, recreational marijuana sales in Colorado reached record highs in March, according to new Department of Revenue data released Monday.

More than $42.7 million of recreational cannabis was sold in Colorado pot shops in March, the most recent data available from the state. Those sales totals crushed previous records set in February ($39.1 million) and January ($36.4 million) 2015.

Another record for the state’s so-called marijuana experiment: Nearly $2.6 million was raised for school construction capital in March via the excise tax on wholesale marijuana transfers. The monthly excise taxes earmarked for schools never topped $2 million in 2014, the first year of recreational pot sales in Colorado or anywhere else — but they’ve raised more than $7 million in the first three months of 2015 already. [Read more at The Cannabist at The Denver Post]

 

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