Did Colorado Sell $1 Billion Worth of Weed In 2015?

The question is out there: Did Colorado pot shops sell $1 billion of weed in 2015?

Jan 23, 2016 - HERB

If weed sales in Colorado reached $1 billion in 2015, what does that mean about the fiscal possibilities of the legal cannabis industry?

What sort of numbers are we seeing?

colorado sign 2 Dumbasses With Weed Get Paranoid And Turn Themselves In
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Colorado is a medium-sized state with a population of 5.4 million. If it can generate billion dollars from cannabis sales in its second year of recreational trading, what sort of numbers will we be seeing from states with a much higher head-count? To gauge some sort of numbers perspective, Washington state has 7 million residents while California is pushing 39 million.

Colorado stores sold $894,865,100 of legal pot in the first 11 months of 2015. The state also received nearly $70 million in tax revenue from marijuana from July 1, 2014, through June 30, 2015, easily beating the nearly $42 million in taxes on alcohol.

So did Colorado pot shops sell $1 billion of weed in 2015? We’ll know for sure in February when the state releases that information. Do you think sales will break $1BN? Let us know on social media or by commenting below.

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Legalization would bring in revenue and cut down on enforcement costs.

Steven Mnuchin, U.S. Treasury secretary, views a 2017 50 subject uncut sheet of $1 dollar notes bearing Mnuchin's name at the U.S. Bureau of Engraving and Printing in Washington, D.C. on Wednesday, Nov. 15, 2017. A recent report from the Cato Institute found drug legalization could significantly boost state and federal budgets.

These jobs would include everything from budtenders to growers, chemists and more.


The bill would legalize the recreational possession, distribution and sale of cannabis.

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