Colorado Has Collected More Than $1 Billion in Marijuana Tax Revenue

Canada LegalUSAColorado Has Collected More Than $1 Billion in Marijuana Tax Revenue

Colorado reached a milestone in June when it reported collecting a cumulative $1.02 billion from marijuana taxes, licenses and fees since the state started collecting them in 2014.

What’s more, sales in the state have accelerated. In March 2019, dispensaries across the state reported record sales for a one-month period, according to numbers from the state’s Department of Revenue. Total sales of marijuana products that month alone were $142.4 million.

Overall, there have been $6.5 billion in total marijuana sales in Colorado.

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