Colorado pot businesses sold a record amount of marijuana in January, resulting in an excise tax of $2.3 million designated for public schools, state officials said Wednesday.
Based on the Colorado Department of Revenue data, around $35 million of recreational marijuana was sold this January compared to about $14 million sold the same month last year.
The numbers, reported by the Colorado Department of Revenue, show that January's school-designated pot excise tax is more than 10 times the amount in January 2014, when the state first collected the tax on wholesale marijuana transfers.
