Colorado marijuana sales have surpassed $6 billion since recreational legalization took place in January 2014. Last year was a record year for the state as it took in almost $1 billion in taxes and fees from $1.55 billion in sales, according to the Colorado Department of Revenue Marijuana Enforcement Division.
Sales in 2017 hit $1.51 billion, the Denver Post reports. The state is on track to set more records this year as they are already reporting having taken in $927 million from fees, licensing and taxes.
Even though recreational marijuana has been legally sold in the state for 5 years, sales and tax revenues continue to flourish.