Colorado Just Blew Past $400,000,000 in Legal Cannabis Sales in Just 12 Months

Two weeks ago, the state’s Revenue Department revealed a new record that has been attained with the state’s total yearly cannabis sales. The agency made this announcement on its website and across all of its social media platforms. The statement says that Colorado has crossed the $2 billion mark in tax and fee revenues. The state has also sold off about $12 billion in cannabis sales from the start of operations to date. The major record broken was the collection of $423 million in revenue from the total sales made throughout the year. In 2020, this total amount generated was $387 million (which was also a new record alert at the time).