Colorado’s Marijuana Business Is A Billion Dollar Enterprise And Counting

This is the fastest year on record sales of legal marijuana in Colorado. In 2017, Colorado reached $1 Billion two months earlier than it did in 2016.

Year-to-date sale of recreational and medical marijuana is up 21% over last year. Colorado’s marijuana retailers logged of $1.02 billion in sales through August 2017. Sales through August 2016 were $846.5 million.

So far this year the sales equate to more than $160 million in taxes and fees for the state.

It’s believed that sales will level off once other states begin selling also.

Here’s a look at Colorado’s previous cumulative yearly sales totals:
2014: $699,198,805
2015: $996,184,788
2016: $1,313,156,545

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Categories: Amazing, Unbelievable

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