By 420 Intel on Monday, 07 November 2022
Category: Business News - 420 Intel

Colorado has collected more than $2.2 billion in marijuana taxes since legalization

Colorado voters approved Amendment 64 on Election Day 10 years ago.

DENVER - This week marks 10 years since Colorado voters approved Amendment 64, clearing the way for marijuana legalization in the state and prompting more than a dozen other states to follow suit.

In the decade of legalization, Colorado reports $13.4 billion in legal marijuana sales, resulting in $2.2 billion in taxes collected. 

"I think it’s just been an unqualified success," said Brian Vicente, one of the co-directors of the campaign to pass Amendment 64. 

He and his co-director Mason Tvert said the amendment delivered on its goals.

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(Originally posted by Cannabis News)

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