Credit: Colorado Department of Revenue
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The Cannabis Catch-Up: Colorado’s Weed Tax Revenue Surpasses $1 Billion

Since 2014, when Colorado allowed its first legal cannabis sales, the state has raked in more than $1 billion in tax revenue. Yes, that’s billion, with nine zeros: $1,000,000,000. Weed in Colorado is taxed twice: 15 percent when it’s sold from a cultivation facility to a store or manufacturer, and then another 15 percent at […]

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