Pot is not only good business for Colorado, it's big business: a recent report indicates that the state has collected over $2 million in taxes, and over $14 million in sales, just from marijuana alone!

According to The Huffington Post, the state released its first round of statistics surrounding their pot sales and taxes. The state legalized marijuana this past month, and their projections of sales and taxes have "met expectations." In addition to their $2.9 million collected in taxes (when you add fees, the number jumps to $3.5 million in sales), the state has sold more than $14 million in pot from dispensaries alone.

And, according to ABC News, the number of pot dispensaries is actually pretty high in number: over 160 state-licensed stores, and that's not counting the ones that have opened since their ban has been lifted.

Since the enactment of Colorado Amendment 64, adults aged 21 or older can grow up to six cannabis plants (with no more than half being mature flowering plants), privately in a locked space, legally possess all cannabis from the plants they grow (as long as it stays where it was grown), legally possess up to one ounce of cannabis while traveling, and give as a gift up to one ounce to other citizens 21 years of age or older. Consumption is permitted in a manner similar to alcohol, with equivalent offenses proscribed for driving. Public consumption remains illegal. Amendment 64 also provides for licensing of cultivation facilities, product manufacturing facilities, testing facilities, and retail stores.

Governor Hickenlooper signed several bills into law on May 28, 2013 implementing the recommendations of the Task Force on the Implementation of Amendment 64. On Sept. 9, 2013, the Colorado Department of Revenue adopted final regulations for recreational marijuana establishments, implementing the Colorado Retail Marijuana Code (HB 13-1317). On Sept. 16, 2013, the Denver City Council adopted an ordinance for retail marijuana establishments.

The first stores officially opened on Jan. 1, 2014. The state prepared for an influx of tourists with extra police officers posted in Denver. Safety fears led to officials seeking to limit use of the drug in popular ski resorts.