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Viridian Sciences News

Our passion for the cannabis industry.

Colorado’s Pot Revenue Goes Up in Smoke

Contrary to what we have seen in articles on the web, the recent announcement that citizens of Colorado will be getting a tax refund from the state was due to marijuana tax money.

Not true.

“These refunds are being caused by a little-known provision and the economy,” said Hoover, whose organization, CFI, provides independent analysis of fiscal and economic issues facing Colorado. “All we’re concerned about is making sure the story about why the refunds are occurring gets told properly. It’s gotten mangled.”

Read more here in the article from the Dairly Beast: http://www.thedailybeast.com/articles/2015/02/12/colorado-s-pot-revenue-goes-up-in-smoke.html