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Colorado Releases Latest Marijuana Tax Revenue and Sales Figures

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DENVER, Colo. - July 12, 2022 - The Colorado Department of Revenue (CDOR) released May 2022 marijuana sales figures and June 2022 marijuana tax and fee revenue figures. Here is the summary:

 

DateMarijuana Tax and Fee Revenue
June 2022$27,714,234
2022 Calendar Year Total$172,257,053
To Date Total (since February 2014)$2,191,190,058

 

DateMarijuana Sales
May 2022$147,804,440
2022 Calendar Year Total$759,721,381
To Date Total (since January 2014)$12,967,510,007

 

The Marijuana Sales Reports summarize total sales made by medical and retail marijuana 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 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.

 

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