Legal pot sales top $1 billion in 2 states

Residents and visitors to the two states at the vanguard of the marijuana legalization movement spent about $1 billion on pot and pot products last year, according to state data.

Marijuana producers and retailers in Colorado generated more than $1.3 billion in revenue in 2016, the state Department of Revenue said Thursday.

In Washington, the state Liquor and Cannabis Board said retailers have sold $984 million in pot products during fiscal year 2017 — which does not end until June. Sales in Washington have already eclipsed the $972 million during all of fiscal 2016, and the state expects to break the billion dollar mark within weeks.

Washington state consumers are purchasing an average of $4.3 million in pot products every day, according to Liquor and Cannabis Board data.

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Reid Wilson ~ ~