Marijuana could deliver more than $800 million in revenue to Washington and Colorado

By Niraj Chokshi September 26

If a pair of new government forecasts prove true, Washington and Colorado would see more than $800 million in extra revenue over the next few years thanks to marijuana sales. At the least.

The estimates, both released in recent days, differ greatly in what they predict and over what time period. But together they show that the plant, now legal to purchase in both states, could generate at least $811.2 million for the trailblazing states before 2020. Washington can expect $637 million by 2019, while Colorado can expect $174.5 million through the fiscal year that ends in 2017, according to state estimates.

http://www.washingtonpost.com/blogs/govbeat/wp/2014/09/26/marijuana-could-deliver-more-than-800-million-in-revenue-to-washington-and-colorado/