Colorado Marijuana Tax Revenue 2024
- Colorado Cannabis
- Cannabis Business in Colorado
- Colorado Marijuana Tax Revenue
How Much Does Colorado Make From Marijuana Tax
The data shows the amount of sales tax generated by marijuana businesses in Colorado.
What is the Tax Rate for Marijuana in Colorado?
- 2.9% state sales tax on marijuana purchases in stores,
- 15% state retail marijuana sales tax, and
- 15% state retail marijuana excise tax on the wholesale transactions of retail marijuana.
| Year | Combined Annual Tax Received from Cannabis Sales in Colorado | Total to Date |
| 2014 | $67,594,323 | $67,594,323 |
| 2015 | $130,411,173 | $198,005,496 |
| 2016 | $193,604,810 | $391,610,306 |
| 2017 | $247,368,473 | $638,978,779 |
| 2018 | $266,529,637 | $905,508,416 |
| 2019 | $302,458,426 | $1,207,966,842 |
| 2020 | $387,480,110 | $1,595,446,952 |
| 2021 | $423,486,053 | $2,018,933,005 |
| 2022 | $325,103,684 | $2,344,036,689 |
| 2023 | $274,121,043 | $2,618,157,732 |
Source: Colorado Department of Revenue
