From January 1st of this year to the end of August, there was over $1 billion worth of legal marijuana and marijuana products sold in Colorado. Colorado marijuana sales have surpassed the $1 billion mark in just eight months this year. In 2016, it took 10 months to reach the same mark. According to The …
For the first time since the start of legal sales, the monthly market for recreational marijuana has surpassed $100 million in Colorado. According to data released by the Colorado Department of Revenue, there was $137 million in legal marijuana and marijuana products sold in the state in July, with $101 million being from recreational marijuana …
Colorado Department of Revenue has released data showing that there was $1.3 billion in cannabis sold last year. This resulted in almost $200 million in new tax revenue for the state. A large portion is earmarked towards school construction and funding. “Over one billion dollars in marijuana sales that once took place in the underground …
Over $1 billion of legal cannabis has been sold in Colorado in the first 10 months of this year. This is according to data released by the state. From January 1st to October 31st of this year there was a total of $1,092,159,291 in cannabis sold at licensed retail outlets. $720,731,127 of this came from recreational …
Up to this point, legal cannabis sales have been considerably higher in Colorado than Washington State, due in no small part to the fact that sales began in Colorado roughly six months earlier. However, that has changed, as there was almost an equal amount of cannabis sold in the two states in July. According to …
There was $112 million of legal cannabis sold in Colorado in the month of June, an over 30% increase from June of 2015. Of the $112 million of cannabis sold, $74 million was from recreational cannabis outlets, and $38 million was from medical cannabis dispensaries. The recreational sales mark a 47% increase from last year, …
There was over $270 million in legal cannabis sold in Colorado in the first three months of the year, according to the state’s Department of Revenue. At this rate, there will be roughly $1.1 billion sold throughout 2016, an $100 million increase from 2015, and a $400 million increase from 2014. In March, the most …
For the first time, there was over $100 million in legal cannabis sold in just one month in Colorado, with $100.6 million sold in August. In August, there was $59.2 million in recreational cannabis sold, and $41.4 million in medical cannabis sold, according to numbers released by the Colorado Department of Revenue. These sales resulted …
Legal cannabis is being sold tax free today throughout Colorado as part of a one day “tax holiday”. As part of the tax holiday, all state taxes on cannabis sales are made void today, September 16th, bringing the average price of an ounce down by $20 – $50. The tax holiday was signed into law …
For the first time in history, a state has generated more annual tax revenue from cannabis than from alcohol. Between the period of July 1st, 2014 to June 30th, 2015, Colorado collected nearly $70 million ($69,898,059) in taxes from cannabis, and just under $42 million ($41,837,647) in taxes from alcohol. This is according to data released …
