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Colorado Generates $1.4B In Cannabis Sales, Gov. Polis Touts CO As Leading The Nation On Natural Medicine
Friday, January 12, 2024 - 12:03pm | 497Read More...The Colorado Department of Revenue reported cannabis sales figures Thursday for last year through November a total of $1.4 billion worth of products sold. The Centennial State, which was the first state in the US to launch adult-use cannabis sales 10 years ago, generated $15 billion since then. In...
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A Decade Of Green: Denver's Cannabis Tax Surpasses $500M Mark
Tuesday, October 24, 2023 - 2:29pm | 436Read More...Denver has recorded over $500 million in tax revenues from both adult-use and medical cannabis since 2010, according to city data. As Colorado marks a decade since leading the charge in adult-use marijuana legalization, the state has amassed over $2.5 billion in cannabis tax since 2014. As of...
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How Colorado's Marijuana Tax Money Benefits Many Business Sectors Beyond Cannabis
Monday, August 21, 2023 - 4:38pm | 920Read More..."With my firm, I started by providing free legal services to social equity applicants because that was what I identified as one of the barriers to entry," said Rachael Ardanuy, cannabis business attorney at RZA Legal at the recent Benzinga Cannabis Capital Conference in Miami,...
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Cannabis Tax And Sales Update: Insights From Maryland, Michigan, Illinois And Colorado
Monday, August 21, 2023 - 10:45am | 488Read More...Maryland's Allure In Maryland, the recreational cannabis market hit the ground running, amassing $87.3 million in July sales. While this marks a significant boost from previous medical sales, it also reflects the broader trend of robust initial sales observed in many newly launched markets....
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Colorado Cannabis Sales Hit $1.49 Billion In 2017: Taxes Up To $247 Million, Medical Sales Down To $420 Million
Thursday, January 18, 2018 - 2:16pm | 680Read More...The state of Colorado has released its 2017 legal cannabis tax data, reporting collections of $247.36 million, up from $193.6 million in 2016. Based on these figures, financial analysis and research firm GreenWave Advisors estimated sales hit $1.494 billion, exceeding its $1.458-billion...
