How Big Is Legal Cannabis In Colorado?

MED Resources and Statistics

As of December 1, 2020

Medical Marijuana Business License Numbers:

  • 663 Cultivations
  • 6 Delivery (Permits)
  • 7 Operators
  • 216 Product Manufacturers
  • 1 Development and Research Cultivation
  • 431 Stores
  • 11 Testing Facilities
  • 6 Transporters

 Retail Marijuana Businesses License Numbers:

  • 712 Cultivations
  • 3 Hospitality
  • 9 Operators
  • 288 Product Manufacturers
  • 604 Stores
  • 12 Testing Facilities
  • 12 Transporters

Individual Licensees:

  • 185 Owner Entities
  • 1,726 Business Owners (Natural Person)
  • 39,653 Employee Licensees

MED Licensee Demographic Data

Colorado Pot Sales Soar To Record In January, Bringing $2.3 Million For Schools

COLORADO:  Colorado pot businesses sold a record amount of marijuana in January, resulting in an excise tax of $2.3 million designated for public schools, state officials said Wednesday.

The numbers, reported by the Colorado Department of Revenue, show that January’s school-designated pot sales tax is more than 10 times the amount in January 2014, when the state first collected the tax.

From December to January, the school tax sum jumped up about 21 percent, from $1.9 million to $2.3 million. In January 2014, the state collected $195,318 in taxes allotted for school construction capital.

In total, the amount of taxes, licenses and fees stemming from medical and recreational marijuana sales amounts to $8.8 million this January.

New Colorado Rules Set For Marijuana Edibles Packaging, Serving Sizes

COLORADO:  Amid cries for tighter regulations on marijuana edibles after a rash of recent incidents, the Colorado Department of Revenue has posted new specific rules for the state’s legal marijuana industry that will go into effect in February 2015.

In these new rules, the state has officially set the serving size of active THC in each edible marijuana item at 10 milligrams, and has also set the maximum serving size of an individual edible marijuana product at 100 milligrams of THC.

In addition, “the amount in milligrams of Standardized Serving Of Marijuana, the total number of Standardized Servings Of Marijuana and the total amount of active THC contained within the product” must be clearly spelled out on each edible marijuana product “in a way that enables a reasonable person to intuitively determine how much of the product constitutes a single serving of active THC,” the new rules state.

If a marijuana edible product is too small to contain all this information, then “the product must contain no more than 10 mg of active THC per unit of sale,” the department wrote.

 

More Colorado Marijuana Tax Dollars Are Rolling In

COLORADO:  Those pot tax dollars are rolling in, and they don’t show signs of letting up anytime soon.

The Colorado Department of Revenue in June collected slightly more in tax revenue than the month before, according to its recent sales report.

The state collected $4,775,679 from marijuana-related sales tax in June 2014, up from $4,511,668 collected in May 2014.

To date, Colorado has collected $25,307,067 in pot taxes. Officials projected the state would collect $60 to $70 million by the end of the fiscal year (June 2015).

 

No Colorado Marijuana Stores Found Selling To Minors In Police Checks

COLORADO:  Police have so far sanctioned no recreational marijuana stores for selling to minors during underage compliance stings across the state, according to the Colorado Department of Revenue.

Authorities in Denver and Pueblo, working with regulators from the state Marijuana Enforcement Division, have conducted 20 undercover stings in which they see whether a store will sell pot to someone under 21. Sixteen of the compliance checks have occurred in Denver, home to most of the state’s recreational marijuana stores.

So far, no store has sold to someone under 21 in the checks.

“It is imperative that we keep marijuana out of the hands of kids,” Barbara Brohl, the executive director of the Department of Revenue, which includes the Marijuana Enforcement Division, said in a statement. “These results show that strong efforts are being made by the MED and the marijuana business licensees to do just that.”