In USA Marijuana industry records sales of almost $1 billion in 2015

In Colorado, the marijuana industry is almost a $1 billion dollars in 2015, 42% higher than 2014.

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Marijuana industry records almost $1 billion in sales play

Marijuana industry records almost $1 billion in sales

(azmarijuana)
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In Colorado, the marijuana industry is almost a $1 billion dollars in 2015, 42% higher than 2014.

Read: FG saves N18.3bn in six weeks from removal

According to the department of revenue, the state made a total sales of $996,184,788 in 2015. The cannabis Business Alliance commended the cannabis sales for contributing $135 million in taxes of which $35 million is earmarked for the construction of schools.

With greater growth and continuation of operators entering the industry, Cannabis Business Alliance members and Colorado operators have continually set the standard of the maturing industry nationwide,” CBA board member,  Mark Slaugh told Huffington Post.

Read: Customs releases new rules on disposal of seized goods

He noted that it's impressive to see the cannabis industry thriving "amidst increasing regulation," such as the proposal to use THC warning stamps on all marijuana products.

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