Colorado surpasses $1BILLION in marijuana tax revenue since legalizing the drug in 2014Posted by On


Colorado surpasses $1BILLION in marijuana tax revenue since legalizing the drug in 2014

  • Colorado said on Wednesday that total state revenue from pot reached $1.02B
  • Total sales of legal weed withing the state passed $6.56B since 2014 legalization
  • Governor credits pot legalization for boosting the state’s economy
  • Colorado now hasĀ 2,917 licensed marijuana businesses across the state

Colorado’s total tax and fee revenue from the sale of legal marijuana has exceeded $1billion since the state legalized the drug in 2014.

Total marijuana sales within Colorado have passed $6.56billion since legalization, with the state collecting more than $1.02billion in taxes, licenses and fees, the state’s Department of Revenue said on Wednesday.

Currently, Colorado has 2,917 licensed weed…

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