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

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Marijuana revenue in Colorado has surpassed $1 billion since it sales started five years ago. Curtis Silva reports.

[WCAX] January 10: A new study found that legalized marijuana across the country could earn the federal government more than $132 billion in tax revenue and could create 1 million new jobs over a.

DENVER – Marijuana is now a $1 billion industry in Colorado. New numbers from the Colorado Department. The upward trend in marijuana sales is expected to continue this year, officials said. Tax.

Here are some other stories about cannabis we read this week: March 28: Looking forward to July 1, when weed will be legal in Vermont. You’ll have to head to Colorado to get a taste. [Trevor Hughes.

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August 22, NPR – Why Illicit Marijuana Sales Are Up – In States Where It's Legal. Finance – Marijuana Sales to Hit $200 Billion in a Decade, Wall Street Firm.. Cannabis Business Times – Edibles Sales Projected to surpass .1 billion. marijuana tax revenue hit $200 million in Colorado as sales pass $1 billion; Feb.

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Senate Judiciary Committee chair Dick Sears (D-Bennington) said Friday morning that the case shows the need for a fully regulated marijuana market in Vermont. "It seems to me that the quicker we get.

Since Vermont legalized growing and possessing cannabis in July 2018, the number of registered medical marijuana patients has dropped off. "We all expressed concern when this went down with the.

By Carina Julig. Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014.

Please enable Javascript to watch this video DENVER — Marijuana sales in Colorado surpassed the $1 billion mark for 2016 after October amounts were released by the Colorado Department of Revenue.

Colorado has made more than half a billion dollars from taxing marijuana since recreational sales became legal in the state three years ago. Tax revenues from marijuana sales have increased every year since 2014, when the state made more than $76 million, according to a report released.

The Vermont State Police has declined to investigate allegations that Champlain Valley Dispensary illegally grew hundreds of marijuana plants at a Craftsbury vegetable farm. The law enforcement agency.