Marijuana sales in Colorado reached $186 million in December, the state Department of Revenue (DOR) said Tuesday. For the year 2020, marijuana sales reached $2.1 billion, marking the first time sales topped $2 billion since the state began tracking this data in 2014. The totals include sales of both recreational and medical marijuana. Between 2019 and 2020, marijuana sales spiked by over $400 million. Colorado’s total sales to date since January 2014 exceed $9.9 billion. In return, state tax and fee revenue from marijuana sales hit $34 million in January, DOR said. Since January 2014, Colorado has collected more than $1.6 billion in tax revenue.

Marijuana Moment, Marijuana Moment, 02/10/2021 09:21:00

Open article: https://www.marijuanamoment.net/colorado-sold-more-than-2-billion-in-legal-marijuana-last-year/