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Pioneer Pot States Have Collected More Than $200 Million In Marijuana Taxes


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"It turns out government can be pretty good at this."

The first two states to legalize recreational marijuana have collectively raked in at least $200 million in marijuana tax revenue, according to the latest tax data -- and they're putting those dollars to good use.

In Colorado, after about a year and a half of legal recreational marijuana sales, the state has collected more than $117 million in excise taxes from both the recreational and medical marijuana markets, according to the most recent data from the Colorado Department of Revenue.

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Washington state got a slower start.

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