{"id":7071,"date":"2016-12-22T19:12:47","date_gmt":"2016-12-22T19:12:47","guid":{"rendered":"http:\/\/www.denverpost.com?p=2305181&amp;preview_id=2305181"},"modified":"2016-12-22T19:12:47","modified_gmt":"2016-12-22T19:12:47","slug":"pot-tax-trouble-what-legalized-states-need-to-know-about-sketchy-predictions","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/pot-tax-trouble-what-legalized-states-need-to-know-about-sketchy-predictions\/","title":{"rendered":"Pot tax trouble: What legalized states need to know about sketchy predictions"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/pot-tax-trouble-what-legalized-states-need-to-know-about-sketchy-predictions\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><p>Colorado\u2019s cannabis industry is on pace to generate north of $213 million in state tax revenue by 2019, according to the Colorado Legislative Council\u2019s <a href=\"http:\/\/leg.colorado.gov\/sites\/default\/files\/december2016forecast.pdf\" target=\"_blank\">latest economic and revenue forecast<\/a> released this week.<\/p>\n<p>By The Cannabist\u2019s calculations, that amounts to nearly $1.7 billion in sales of flower, concentrates, edibles and other infused products in the recreational and medical marijuana markets.<\/p>\n<p>But what\u2019s in a number?<\/p>\n<p>This fledgling industry is laden with projections, estimates and forecasts. <a href=\"http:\/\/www.thecannabist.co\/2016\/09\/21\/cannabis-market-research-2016\/63585\/\">Multibillion-dollar figures have been ascribed<\/a> to locales where a single legal adult-use sale has yet to even take place.<\/p>\n<p>In Colorado, pot shop cash registers have been ringing up recreational transactions for nearly three years. As such, the state has accumulated valuable\u2014data.<\/p>\n<p>We know that Colorado\u2019s marijuana industry <a href=\"http:\/\/www.thecannabist.co\/2016\/12\/12\/colorado-marijuana-sales-1-billion-first-10-months-2016\/69189\/\">has topped $1 billion in sales<\/a>\u2014through the first 10 months of 2016.<\/p>\n<p><a href=\"http:\/\/www.thecannabist.co\/2016\/12\/22\/marijuana-sales-pot-taxes-colorado-estimates-projections\/69831\/\">Read the rest of this story at The Cannabist<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before Colorado&#8217;s groundbreaking marijuana sales started in 2014, pot tax projections were all over the map. There are lessons in getting the forecast right. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5062,6857,77,6822,9,6833,5019,441,1,3,61,1736],"tags":[5063,6859,2655,6824,6835,5022,3015],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/7071"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=7071"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/7071\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=7071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=7071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=7071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}