As it turns out, the market was just getting started. The next year, the state pulled in $163 million.

“It took a little bit longer for the market to fully establish itself than originally projected,” said Taylor West, deputy director of the National Cannabis Industry Association.

Colorado is off to an even stronger start in its current fiscal year, which began July 1. The state reported $17.6 million for July and $19 million for August, its two strongest months so far.

Read more: http://money.cnn.com/2016/11/07/news/economy/california-marijuana-tax/index.html