Tag: legal weed sales

Colorado: $1.3 Billion in Legal Cannabis Sold in 2016, Nearly $200 Million in Taxes Generated

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 …

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