06/26/2010 05:12 am ET | Updated May 25, 2011

Colorado Medical Marijuana: Backlog Of Applications Could Cost State Millions This Year

The drug business is just like any other--money is the motivating factor, pure and simple. And the state of Colorado is proving to be an excellent broker. So far this fiscal year, the state has pulled down nearly $3.4 million in medical marijuana registration fees and is on track to reap $11 million total by July. That's because every Coloradan who wants to obtain a medical marijuana permit has to shell out $90 per application, and that kind of money piles up quickly.

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