Colorado Sold a Record $1.75 Billion of Cannabis Last Year

This time last year, it appeared that Colorado’s industry was plateauing. Now it’s surging. Colorado cannabis shops notched sales of nearly $1.75 billion during 2019, setting a new annual sales record for the state home to the nation’s longest-established recreational cannabis industry, according to Colorado Department of Revenue data first reported by the Denver Westword. The new high water mark for sales netted more than $302.4 million in tax revenue for the state’s coffers, where…

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Author: Alicia Wallace, CNN

Author: Cannabistical