Oct 11 2023
In Colorado there was about $140 million worth of legal marijuana and marijuana products sold in September. According to data released by the Colorado Department of Revenue, the state garnered $21,770,274 in tax revenue from the legal distribution of around $140 million in marijuana sales. This includes the sale of dried marijuana flower as well …
Sep 13 2023
Colorado marijuana sales brought in over $22 million in tax revenue in August. Data released by the Colorado Department of Revenue shows that the state made $22,861,745 in tax revenue from the legal distribution of marijuana. This is a modest increase over the $22.4 million in taxes made in July, and the $22.1 million made …
Sep 05 2023
On Tuesday Colorado Governor Jared Polis sent a letter to President Biden declaring support for the Department of Health’s recent request to reschedule marijuana. “We are pleased to hear that you have recently received Health and Human Services (HHS) recommendation to move cannabis to Schedule III”, Governor Polis says in the letter. “It’s about time. …
Aug 09 2023
In July Colorado garnered over $23 million in taxes and fees from the legal marijuana industry. According to the Colorado Department of Revenue the state made $22,399,914 in tax revenue from the legal distribution of marijuana and marijuana products in July. This is in addition to the $843,850 in fees the state earned during the …
Jul 13 2023
Colorado garnered over $22 million in taxes and fees from the legal marijuana industry in June. According to the Colorado Department of Revenue, Colorado made $21,157,517 in tax revenue from the legal distribution of around $120 million worth of marijuana and marijuana products. The state made another $966,702 from marijuana fees, bringing the total revenue …
Jun 21 2023
Colorado’s marijuana industry sold enough product in May for the state to garner $22,956,910 in tax revenue. The nearly made $23 million in marijuana taxes made in May is a roughly 8% decrease from the $25,128,221 in marijuana taxes Colorado made in April, according to the Colorado Department of Revenue. However, it’s on par with …
Jun 01 2023
Colorado Governor Jared Polis has signed legislation into law that prevents a denial of professional licenses and certifications based solely on a civil or criminal judgement regarding the consumption, possession, cultivation, or processing of marijuana. Senate Bill 265 was sent to Governor Polis last month after passing the Senate 32 to 1 and the House …
May 09 2023
Colorado made $25 million in marijuana taxes in April according to data released today by the Colorado Department of Revenue. In total Colorado garnered $25,128,221 in tax revenue from the legal marijuana industry in April, an 8.6% increase from the $23.1 million sold in March. The taxes made in April are the most made so …
May 06 2023
The Colorado Legislature has sent legislation to Governor Jared Polis that prevents the Department of Regulatory Agencies from denying applications for professional licenses and certifications based solely on a civil or criminal judgement regarding the consumption, possession, cultivation, or processing of marijuana. Senate Bill 265 was sent to Governor Polis yesterday after being signed by …
May 01 2023
Colorado’s full legislature has now passed a bill to establish a regulatory framework for legal psychedelics. The Colorado House of Representatives voted 45 to 18 on Saturday to pass Senate Bill 23-290. The proposal has already been passed by the full Senate, 25 to 11, but will go back for one final vote to concur …
