mobanmarketDENVER, CO – More than $6 billion in marijuana sales have been reported in Colorado since adult-use pot became legal in 2014, a new report released Tuesday from the Colorado Department of Revenue said.
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The report looked at both medical and recreational marijuana sales.
The report said the state collected tax, license and fee revenue of more than $266.5 million in calendar year 2018. That was actually a drop from 2017, when taxes and fee revenue topped $247 million.
Since Jan. 2014, when adult-use marijuana was first legalized, the state has collected $927 million in tax and fee revenues, the report said.
Last year, marijuana sales once again topped $1.55 billion, the report said. In 2017, total marijuana sales were $1.5 billion.
Colorado’s Department of Revenue has issued licenses for 550 recreational marijuana stores in the state and 724 recreational cultivation centers.
The number of licenses issued by the state up until Feb. 1 2019 is:
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