Colorado reveals pot tax spending plan

Colorado's governor says he plans to spend nearly $100 million dollars in marijuana tax company for six different priorities including public health.

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File. (AAP)

Colorado Governor John Hickenlooper has announced a plan to start spending nearly $US100 million ($A111 million) in marijuana tax money, in the first sign of how much Colorado is reaping from recreational pot sales.

The governor announced plans on Wednesday to spend $US99 million next fiscal year on six priorities.

They include $US45.5 million for youth use prevention, $US40.4 million for substance abuse treatment and $US12.4 million for public health.

The money comes from a 10 per cent sales tax on recreational pot sales, which began January 1.

Thursday is the first deadline for Colorado retail pot shop to report January sales taxes.

An additional 15 per cent pot excise tax already is designated for school construction.

The governor's pot tax proposal must be approved by the state legislature.


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