Colorado Bags $100 Million Last Month; New Norm Says Newsweek
"Bethany Gomez, director of research for marijuana market research firm Brightfield Group, told the site that hitting the $100 million mark has become “the new norm” in Colorado, with some $1.4 billion in sales between May 2016 and May 2017. During that time, Colorado racked up over $233 million in taxes and license fees.
"The industry as a whole reaped over $6.7 billion in sales last year, according to a December report by marijuana analytical firm Arcview Market Research, with Colorado sales topping $1 billion," explains the Newsweek piece.
If that Newsweek prediction (new normal) is correct, that's going to be a dependable $40M each year.
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