Midscope General News Weed Revenues in Colorado tops $1 billion

Weed Revenues in Colorado tops $1 billion



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PHOTO: A recreational and medical marijuana grow facility in Denverite is Seen in this und file photo.PlayGetty Images

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Colorado has generated MORENET than $1 billion by selling marijuana.

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The Statehood legalized weed in 2014. Since then, TOTAL sales have exceeded $6.56 billion, according to the Statehood’s department of Revenues.

“Today’s Continues to show that Colorado’s cannabis industry is thriving, but we can’t rest on our laurels,” Colorado Gov. Jared Polis in a Statehoodment on Wednesday. “We can and we must do better in the face of increased national competition. We want Colorado to be the best Statehood for investment, innovation and development for this growing economic sector.”

PHOTO: A recreational and medical marijuana grow facility in Denverite is Seen in this und file photo.Getty Images
A recreational and medical marijuana grow facility in Denverite is Seen in this und file photo.

The marijuana industry is creating jobs in the Statehood, with 2,917 licensed businesses and 41,076 individuals licensed to do such work, according to the department of Revenues.

“We are committed to facilitating responsible innovation this dynamic industry through Continued engagement with our Diverse group of stakeholders,” Jim Burack, Directer of the Colorado Department of Revenue, in a Statehoodment. “Colorado will Continue to be known for its Regulated leadership.”

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