Colorado collected over $18 million in marijuana tax revenue and fees in March, bringing the total for the first quarter of the year to over $56 million, according to data released by the Department of Revenue.
The $18,567,384 in marijuana taxes brought in by the state in March brings the total for 2025 to $56,849,469, with the all-time total now standing at $2,932,379,153 since legal sales began in 2014.
The revenue for March came from several sources, including the 15% special sales tax on retail marijuana, a 15% excise tax on wholesale transfers, a 2.9% state sales tax on certain marijuana products, and a variety of license and application fees. Roughly $13.8 million of the total came from the retail marijuana sales tax alone.
Based on that figure and the state’s 15% tax rate, it’s estimated that around $100 million in retail marijuana was sold in March.
In Colorado, which ties Washington State as the first to legalize recreational cannabis in 2012, marijuana taxes go toward public school construction, health care initiatives, substance abuse treatment programs, and general state and local government services.
