420 with CNW – Colorado Pot Sales Hit New Record
This week, the Colorado Department of Revenue released new data that showed that the dispensaries within the state set a new sales record in 2019. The state of Colorado raked in $1.74 billion in medical and adult-use marijuana sales, out of which $302 million was collected in the form of sales taxes. The tax proceeds within the state are used in the construction of new schools and health education programs. Compared to 2018, marijuana sales in the state of Colorado increased by 13% in 2019. Colorado was among the first states to legalized marijuana in the U.S, and since 2014,…