Legal marijuana businesses in Colorado made more than a billion dollars in sales during the first 10 months of 2016, exceeding sales numbers from last year. The Cannabist reports: Recreational and medical cannabis shops in America’s first 420-legal state have sold nearly $1.1 billion of marijuana and related products in 2016, according to the new October data from the state’s Department of Revenue. When 2015’s year-end marijuana tax data was finally released in February, Cannabist calculations showed…

The state of Alaska stands to gain $23 million in annual tax revenues from a fully legal marijuana market, according to a report released this week by the Marijuana Policy Group — a research organization that does not take a stance on issues associated with making marijuana legal. The report estimates that the total sales from a legal marijuana market would generate $56 million in 2016 and would climb to $107 million in 2020, if Alaska’s resident voters approve Measure 2 on the ballot next week. The…