Condensation. Condensation is the phase change of water vapor into a liquid. During the condensation process, water molecules lose the 600 cal/gm of latent heat that were added during the evaporation process. When latent heat is released it is converted into sensible heat which warms the surrounding air.
Total marijuana tax revenues are now expected to climb to $94 million annually by 2016, according to the latest projections. This would equate to a $1 billion dollar retail market. The revenue figures are high enough that Colorado now finds itself in the enviable situation of having to figure out what to do with all that money.
Monthly sales taxes are due on. Prepare and File Your Colorado Sales Tax Return in Minutes. The Colorado (CO) state sales tax rate is currently 2.9%. Depending on local municipalities, the total tax rate can be as high as 10.9%. Colorado is a âhome ruleâ state. Local-level tax rates in the state of Colorado are quite complex compared against local-level tax rates in other states.