Tag: Colorado

Colorado Garnered $325 Million in Marijuana Taxes in 2022

The legal sales of marijuana and marijuana products netted Colorado $325,103,684 in tax revenue in 2022. This brings the total tax revenue garnered from legal marijuana sales since the first licensed retail outlet opened in 2014 to $2,344,036,689, according to the Colorado Department of Revenue. The total tax revenue made in 2022 is lower than …

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Colorado Voters Legalize Magic Mushrooms and Other Hallucinogenics

Voters in Colorado have passed an initiative to legalize hallucinogenics including magic mushrooms, DMT and ibogaine. Proposition 122 legalizes the personal use and possession of several hallucinogenic/entheogenic plants and fungi for those 21 and older. Those include: dimethyltryptamine (DMT); ibogaine; mescaline (excluding peyote); psilocybin; and psilocyn.

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