Save this content for laterSave this content on your device for later, even while offline Sign in with FacebookSign in with your Facebook account Close

Colorado marijuana sales total close to $1 billion in 2015

By: The Associated Press
February 10, 2016 Updated: February 11, 2016 at 7:07 am
0
photo -

DENVER — New state data shows that Colorado marijuana businesses sold nearly $1 billion in recreational and medical cannabis last year.

The Denver Post reports (http://dpo.st/1Wd3MBe ) that the state Department of Revenue figures released Tuesday show that Colorado also collected more than $135 million in marijuana taxes and fees in 2015, with $35 million going toward school construction projects.

According to the data, marijuana shops sold $996 million of pot in 2015, an increase of about $300 million from the previous year. Totals for taxes and license fees also grew by about $59 million in the same time period.

In 2015, Colorado saw an increase in pot stores and more cities started allowing the businesses to open.

Recreational marijuana sales began in Colorado in January 2014.

Register to the Colorado Springs Gazette
Incognito Mode Your browser is in Incognito mode

You vanished!

We welcome you to read all of our stories by signing into your account. If you don't have a subscription, please subscribe today for daily award winning journalism.

Register to the Colorado Springs Gazette
Register to the Colorado Springs Gazette
Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Already a Subscriber? LOGIN HERE

Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Subscribe to the Colorado Springs Gazette

Some news is free.
Exceptional journalism takes time, effort and your support.

Already a Subscriber? LOGIN HERE

articles remaining
×
Thank you for your interest in local journalism.
Gain unlimited access, 50% fewer ads and a faster browsing experience.