Colorado cannabis retailers have sold more than $10 billion worth of legal pot since recreational marijuana became legal in the state in 2014, with more than $2 billion of that total coming in 2020 alone. Marijuana retailers collect 2.9% in sales tax on cannabis sales, plus a separate marijuana sales tax of 15%. This state continues to be a leader in regulated cannabis.” More Than $1.5 Billion In Revenue For The State Since 2014, taxes and fees collected on marijuana sales in Colorado have totaled about $1.63 billion, according to state figures. Cannabis sales figures for 2020, a year when many business sectors suffered severe negative impacts from the coronavirus pandemic, were released by the Colorado Department of Revenue on Tuesday. Cannabis sales totaled $2.19 billion in the state in 2020, up from $1.75 billion the year before. “It’s good that in this really challenging year at least some of our industries are doing well,” Colorado Gov.
Colorado cannabis retailers have sold more than $10 billion worth of legal pot since recreational marijuana became legal in the state in 2014, with more than $2 billion of that total coming in 2020 alone. Cannabis sales figures for 2020, a year when many business sectors suffered severe negative impacts from the coronavirus pandemic, were released by the Colorado Department of Revenue on Tuesday.
While many bars, restaurants, entertainment venues, and other businesses were forced to close or curtail operations during the outbreak, Colorado...
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