Colorado is off to a fast start collecting tax revenue from the sale of medicinal and recreational marijuana. According to Forbes, the state's January take was $1.5M for the former and $2M for the latter. The bulk of sales happen in Denver county.
The fully-burdened tax rate can be as high as 21.1% on pot consumers.
The state also charges a 15% "retail marijuana excise tax" that is levied on the first sale or transfer from a cultivation facility.
The state now faces the political problem about how and where to spend the money.