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Colorado Sets New Record for Cannabis Sales in a Single Year

In 2021, Colorado reports over $2.22 billion from cannabis sales (compared to the previous record of over $2.19 billion in 2020).


DENVER, Colo. - February 10, 2021 - PRESS RELEASE - The Colorado Department of Revenue (CDOR) released December 2021 cannabis sales figures and January 2022 cannabis tax and fee revenue figures, and reports a new record for cannabis sales in a single year. In 2021, Colorado reports over $2.22 billion from marijuana sales (compared to the previous record of over $2.19 billion in 2020). Here is the summary:

Date Marijuana Tax and Fee Revenue
January 2022 $30,781,021
January 2022 Calendar Year Total $30,781,021
To Date Total (since February 2014) $2,049,714,026
Date Marijuana Sales
December 2021 $168,041,594 
January - December 2021 Calendar Year Total $2,228,994,553
To Date Total (since January 2014) $12,207,788,626
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The Marijuana Sales Reports summarize total sales made by medical and retail cannabis stores monthly by county. The Marijuana Tax Reports show state tax and fee revenue collected monthly as posted in the Colorado state accounting system. Tax revenue comes from the state sales tax (2.9%) on cannabis sold in stores, the state retail cannabis sales tax (15%) on retail cannabis sold in stores, and the state retail cannabis excise tax (15%) on wholesale sales/transfers of retail cannabis. Fee revenue comes from cannabis license and application fees.

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To view the full reports, please visit the following CDOR Office of Research and Analysis (ORA)’s webpages:

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https://cdor.colorado.gov/data-and-reports/marijuana-data/marijuana-sales-reports

https://cdor.colorado.gov/data-and-reports/marijuana-data/marijuana-tax-reports

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