7 unbelievable things you could buy with Colorado's weed tax revenue

 By 
Yohana Desta
 on 
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Original image has been replaced. Credit: Mashable

Stoners are sparking up Colorado's tax revenue.

One of the first states to legalize recreational marijuana, Colorado has had a banner year in pot sales. Since January 2014, legal marijuana dispensaries have sold well over $240 million worth of the legalized drug.

[seealso slug="marijuana-farm-startup"]

The legalization also came with an approved caveat. The first $40 million "generated by the state excise tax" will be put toward school construction, according to the Denver Post. As of now, between January and October 2014, the state has made about $60.1 million in taxes, licenses and fees for medical and recreational marijuana. Though those are the only reported figures thus far, the state could see much higher results after collecting November and December taxes.

With that kind of bank, legalizing marijuana could greatly benefit many other U.S. states and cities in various ways...

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Original image has been replaced. Credit: Mashable

Sources: Figure 1; Figure 2; Figure 3; Figure 4; Figure 5; Figure 6 (here and here); Figure 7 (here and here).

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BONUS: 12 Trippy GIFs to Help Stoners Celebrate Weed Legalization

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