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

Ever since Colorado legalized recreational cannabis there’s one perennial question that everyone always asks. Where is all the tax revenue from marijuana sales going? Depending on where you live, the questions may get a bit more What do we get for our tax money? Where is it ending up?

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

Colorado’s Joint Budget Committee released their report last week. In it, the committee projected a Pingback: Colorado Marijuana Tax Revenue To Exceed $184 Million | The Cannabis Strain Pingback: Colorado Pot Shops Sell More Than $14 Million Worth Of Weed In January; State Gets.

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Whenever a state legalizes recreational marijuana. 1 of this year. Massachusetts could do something similar, says Kamani Jefferson, president of the Massachusetts recreational consumer council,

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Here’s How Much Weed Colorado Sold in the First 10 Months of 2016. It’s always 4/20 in Colorado-at least, during the first 10 months of 2016. The Denver Post reports that according to new October data from Colorado’s Department of Revenue, marijuana shops reached $1 billion in legal.

The Colorado Department of Revenue announced Thursday the state’s marijuana sales had pushed past $1 billion in 2016 and the state pulled in nearly Hopefully this will be a wake-up call for the 42 states that still choose to force marijuana sales into the criminal market and forego millions of dollars.

It only took colorado 10 months to pass $1 billion in legal cannabis sales in 2016, one year after the state came up just shy of that milestone revenue figure. With two months left in 2016, The Denver Post also notes that the state’s legal marijuana market could hit $1.3 billion for the year, which would.

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A new report released by the Colorado Department of Revenue shows that the state surpassed $1 billion in sales of marijuana this year, as of the month of August. According to the Denver Post, the state saw $1,022,245,511 in marijuana sales, netting the state about $200 million in tax revenue.

Washington Surpassed Colorado in Legal Weed Sales for August. Colorado’s Legal Weed Means Big Tax Revenues For The State. If sales continue at this pace, and there are no signs of it letting up anytime soon, then the total from pot revenues could reach or surpass $1 billion for 2016.

The Vermont State Police has declined to investigate allegations that Champlain Valley dispensary illegally grew hundreds of marijuana plants at a Craftsbury vegetable farm. The law enforcement agency.