Sat , February 15, 2025
Newsletter
Home > World Cannabis News > Colorado’s Marijuana Sales on Track to Hit $1 Billion

Colorado’s Marijuana Sales on Track to Hit $1 Billion


💰 Save Money. Get Deals. 💰


Get cannabis deals. It's free ⤵️



100% free. Cancel anytime.


Marijuana Profits

It is estimated that marijuana sales in Colorado will likely surpass $1 billion before December 2016. This number is anticipated based from the sales pattern throughout 2016 so far.

In May of 2016, Colorado’s recreational and medical marijuana markets in Colorado produced $98 million in sales, according to The Cannabist. Thus far into the year, tax revenue has generated $71.4 million from marijuana sales.

The numbers recorded from the first half of 2016 total $486 million.


⚡️


Arizona legalized marijuana for recreational use in November 2020. The law allows adults aged 21+ to purchase, possess and use cannabis. State-licensed cannabis dispensaries began selling recreational marijuana in early 2021. There are over 150 dispensaries in Arizona — a majority of them are in populous areas such as Phoenix, Tucson and Flagstaff. Recreational cannabis delivery services began operating in 2024.  


AZ Cannabis Updates