LAKEWOOD, Friday, October 23, 2020 - Football's return yielded big returns for the booming Colorado sports betting market, with total wagers again surpassing that of the prior month. The Colorado Department of Revenue's Division of Gaming released the monthly figures for September's sports betting wagering and taxes and is reporting another significant increase of 61% in total handle over the month prior.
DENVER, Monday, October 19, 2020 -- The Colorado Department of Revenue (DOR)’s Marijuana Enforcement Division (MED) today released the 2019 Regulated Marijuana Market Update. This year’s Update shows the regulated marijuana market continues to meet resident and visitor demand, concentrates continue to gain market share in the legal marijuana marketplace, Colorado remains a competitive place for marijuana businesses and price stabilization suggests market maturity.
DENVER, Colo. - October 12, 2020 - The Colorado Department of Revenue (CDOR) today released August 2020 monthly marijuana sales figures and September 2020 marijuana tax and fee revenue figures.
LAKEWOOD, Wednesday, September 23, 2020– The return to play for professional sports has resulted in a big win for Colorado with another month of legalization showing promising figures for the growth of sports betting in the state. The Colorado Department of Revenue’s Division of Gaming released the monthly figures for August’s sports betting wagering and taxes and is reporting a 117% increase in total handle over the month prior, July 2020.
DENVER, Colo. - September 21, 2020 - The Colorado Department of Revenue (CDOR) today released the Average Market Rates (AMR) for retail marijuana effective October 1, 2020 until December 31, 2020.
Three of the seven AMR categories increased this quarter, specifically bud ($1,316), trim ($350) and seed ($8). Three of the seven AMR categories decreased this quarter, specifically bud allocated for extraction ($502), trim allocated for extraction ($175) and wet whole plant ($175). The immature plant rate ($9) stayed the same.
DENVER, Colo. September 17, 2020 -- Colorado Department of Revenue’s Marijuana Enforcement Division (MED) released its 2020 mid-year update for January 1 to June 30, which covers much of the period when Colorado has been greatly affected by COVID-19. For the sixth year in a row, this update provides an overview of Colorado’s legal marijuana industry using data taken directly from the state’s seed-to-sale marijuana inventory tracking system.
DENVER, Colo. - March 24, 2020 - The Colorado Department of Revenue (CDOR) today released the Average Market Rates (AMR) for retail marijuana effective April 1, 2020 until June 30, 2020.
Three of the seven AMR categories decreased this quarter, including bud ($1,164), trim ($319) and wet whole plant ($176). Bud allocated for extraction ($744) and trim allocated for extraction both increased ($250), while immature plant ($9) and seed ($5) rates stayed the same.
DENVER, Colo. December 31, 2019 -- Marijuana rules stemming from the General Assembly's 2019 legislative session go into effect on January 1, 2020 for all regulated marijuana businesses across Colorado, most notably allowing, for the first time, state licensing of hospitality establishments and the issuance of permits for residential delivery of medical marijuana. Final rules were adopted by the State Licensing Authority on November 5, 2019 after a summer of extensive stakeholder engagement led by the Marijuana Enforcement Division (MED).
DENVER, Colo. - December 16, 2019 - The Colorado Department of Revenue (CDOR) today released the Average Market Rates (AMR) for retail marijuana effective January 1, 2020 until March 31, 2020.
GOLDEN, Thursday, November 7, 2019 - Proposition DD passes allowing for legalizing sports betting in Colorado, making Colorado one of many states now letting people place bets on sporting events since the Supreme Court ruling struck down a law that banned sports betting in most U.S. states.