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How Much Tax Money Did Colorado Make On Pot In 2017
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Since 2014 Colorado s marijuana industry has been responsible for just under 2 6 billion in tax revenue The total comes from a handful of marijuana specific taxes such as a dispensary sales
The text stated that Colorado would collect a 2 9 percent sales tax from both medical and recreational sales and a 15 percent excise tax when cannabis moves from grower to seller
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How Much Tax money Pay With
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Colorado marijuana sales continue to hit new milestones surpassing 1 billion in sales two months faster in 2017 than the year before according to tax revenue data from the Colorado
Colorado brought in a record 423 million in tax revenue from marijuana sales last year according to the latest market report from the state s Department of Revenue DOR
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Colorado s Making So Much From Selling Weed They re Giving Money To
Colorado s Making So Much From Selling Weed They re Giving Money To
Tax revenue comes from the state sales tax 2 9 on marijuana sold in stores the state retail marijuana sales tax 15 on retail marijuana sold in stores and the state retail marijuana excise tax 15 on wholesale sales transfers of retail marijuana
Colorado generated more tax revenue from marijuana than alcohol or cigarettes during the last fiscal year with 280 million in cannabis tax dollars going toward a variety of government programs and services like K 12 education and health care
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The text stated that Colorado would collect a 2 9 percent sales tax from both medical and recreational sales and a 15 percent excise tax when cannabis moves from grower to seller
https://www.cpr.org/2018/10/22/where-does-all-the...
Colorado s recreational marijuana tax rate increased in 2017 to 15 percent up from 10 percent where it had been parked since legalization in 2014 That s the rate you pay when you re
The text stated that Colorado would collect a 2 9 percent sales tax from both medical and recreational sales and a 15 percent excise tax when cannabis moves from grower to seller
Colorado s recreational marijuana tax rate increased in 2017 to 15 percent up from 10 percent where it had been parked since legalization in 2014 That s the rate you pay when you re
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