The Colorado Department of Revenue (CDOR) has released August 2022 marijuana sales figures and September 2022 marijuana tax and fee revenue figures.
In September, the state generated $26,370,669 in marijuana tax and fee revenue. That is down from August 2022 which reached $27,032,644.
This year, the state has generated $251,680,192 in total revenue. Since February 2014, the state raised more than $2.2 billion in revenue.
Marijuana sales in August 2022 reached $150,439,525, which lagged July 2022 by more than $3 million.
Both marijuana sales and tax revenue have continued to slide in 2022.
The figures come from Colorado's state accounting system. 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.
Fee revenue comes from marijuana license and application fees.
