ELDER PATRIOT – For the first time in U.S. history a single state’s tax revenue from the sale of marijuana has exceeded the tax revenue from the sale of alcohol in that state in a fiscal year. It didn’t just top its beverage competition by a little either with tax revenues for the sale of marijuana outdistancing those from alcohol sales by a whopping 67%.
Marijuana tax collections were just under $70 million while beverage alcohol only generated $42 million in tax revenues.
Coloradans who prefer the experience of smoking their high spend an average of $1800 each, yearly. This dwarfs the amount the $450 that the average drinker spends in Colorado annually.
All of this bring clarity to the term Rocky Mountain high.