Sales of recreational and medical marijuana generated about $266.5 million in tax, license, and fee revenue in Colorado in 2018, with the state now approaching $1 billion in revenue since legal recreational pot sales began in 2014.
- Last year’s revenue is an increase over $247 million in 2017, according to data released Feb. 12
- Colorado marijuana sales reached $1.5 billion in 2018—and $6 billion to date since adult-use marijuana sales began
- Revenue from marijuana totaled more than $927 million since Jan. 1, 2014, a figure that includes revenue for January 2019
- The state is forecast to reach the $1 billion mark in the first half of 2019—“We’re getting close,” Shannon Gray, spokeswoman for the state Department of Revenue, told Bloomberg Tax Feb. 12