NEWS BRIEF

Colorado’s total marijuana sales near $10 billion, buoyed by record 2020

Colorado’s total marijuana sales reached nearly $10 billion since legal transactions began in 2014.

According to new figures from the state’s Department of Revenue, the combined sales of medical and recreational cannabis since 2014 reached $9.98 billion in January.

Colorado posted a record 2020 in which sales totaled $2.19 billion, a 25.35% increase over 2019.

The state recorded more than $186 million in sales in December 2020 alone.

The program has generated $1.63 billion in tax and fee revenue for Colorado since legal sales began.

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