Pot tax trouble: What legalized states need to know about sketchy predictions

Colorado’s cannabis industry is on pace to generate north of $213 million in state tax revenue by 2019, according to the Colorado Legislative Council’s latest economic and revenue forecast released this week.

By The Cannabist’s 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.

But what’s in a number?

This fledgling industry is laden with projections, estimates…

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