The Cannabis Catch-Up: Colorado’s Weed Tax Revenue Surpasses $1 Billion

Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014. Marijuana tax, license and fee revenue has reached $1.02 billion, and marijuana sales over $6.5 billion, the Colorado Department of Revenue announced in a news release. Colorado has 2,917 licensed marijuana businesses and 41,076 licensed individuals working in the industry.

Marijuana revenue in Colorado has surpassed $1 billion since it sales started five years ago.

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Since 2014, when Colorado allowed its first legal cannabis sales, the state has raked in more than $1 billion in tax revenue. Yes, that's billion,

Colorado just reached a major milestone in cannabis culture. Last month, Colorado became the first state to rake in $1 billion in tax revenues from cannabis. Experts say this unprecedented success can be attributed to the state’s consumer-friendly regulations as well as the undeniable advantage of being a cannabis trailblazer.

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Colorado has generated more than $1 billion in marijuana tax and licensing fee revenue this year. That’s a 1,405% increase since 2014, when it collected $67 million in taxes and fees. 2014 is also the year the Colorado Department of Revenue began reporting tax collection data.

Colorado is raking in big money from its marijuana industry. The state’s department of revenue said Wednesday it surpassed $1 billion in marijuana revenue since it legalized cannabis sale in 2014..

Marijuana Tax Revenue Surpasses $1 Billion In Colorado Marijuana revenue in Colorado has surpassed $1 billion since it sales started five years ago. msn back to msn home lifestyle powered by.

Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014. Marijuana tax, license and fee revenue has reached $1.02 billion, and marijuana.

The Cannabis Catch-Up: Colorado’s Weed Tax Revenue Surpasses $1 Billion By Sasha Goldstein

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That’s the latest lesson from Colorado, where state revenue from marijuana sales surpassed $1 billion for the first time. Since Colorado adult-use cannabis program begin in 2014, the state has.

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