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Colorado marijuana sales exceed $ 2 billion in the 2020 calendar year

Marijuana sales in Colorado exceeded $ 2 billion in the 2020 calendar year, not including December sales.

Total marijuana sales for the period January-November 2020 were $ 2.04 billion, according to data released by the Colorado Revenue Service or CDOR. By comparison, state marijuana sales for the entire state in 2019 were $ 1.75 billion.

In November 2020, Colorado medical marijuana sales were $ 34.7 million, while retail marijuana sales were $ 140.5 million. However, these represent a decline from October 2020 medical marijuana sales of $ 38.8 million and retail marijuana sales of $ 161 million.

Entertainment sales of marijuana began in January 2014 in Colorado. Cumulative sales from January 2014 to the present totaled $ 9.79 billion.

In June 2019, CDOR announced that five years after the state began selling recreational marijuana, Colorado had more than $ 1 billion in tax revenue from the sale of marijuana.

Marijuana income supports Colorado-wide efforts such as licensing and regulation of legitimate marijuana operations, youth prevention efforts and actions. health Treatment, public health and safety protection, and coordination between state agencies.

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Colorado marijuana sales exceed $ 2 billion in the 2020 calendar year

Source link Colorado marijuana sales exceed $ 2 billion in the 2020 calendar year

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