Colorado Government Reports $1.3 Billion In Marijuana Sales Generated Nearly $200 Million In Tax Revenue in 2016

The legal cannabis market is big, and getting bigger

COLORADO: The Marijuana Policy Project issued the following statement in response to the Colorado Department of Revenue’s announcement that $1.3 billion in regulated marijuana sales took place in calendar year 2016, generating nearly $200 million in state tax revenue. These figures do not include millions of dollars in revenue generated by local taxes on marijuana. Read the full article…