Colorado sold 17 tons of retail marijuana in first legal year

By Daniel Wallis DENVER (Reuters) - Consumers in Colorado bought more than 17 tons of recreational marijuana buds during the first year of the state's new retail market, but sales of medicinal pot still outstripped that at almost 50 tons, officials said on Friday. In a national first, voters in Colorado and Washington state opted to legalize recreational marijuana use by adults in landmark twin ballots in 2012. States such as Oregon and Alaska that have now also voted to legalize recreational pot, and others where lawmakers face proposals to do so, are watching the Colorado results closely. State tax officials say sales hit nearly $700 million last year, with medical marijuana accounting for $386 million and recreational pot bringing in $313 million.



via Health News Headlines - Yahoo News http://ift.tt/1DiYOIv