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Colorado pot sales hit a record $1.5 billion in 2017

Posted at 3:33 PM, Feb 11, 2018
and last updated 2018-02-11 17:33:14-05

DENVER (AP) — The Colorado Department of Revenue says marijuana shops in the state made a record $1.51 billion in sales of medical and recreational cannabis, edibles and concentrate products in 2017.

The Denver Post reports data released Friday say adult-use sales topped $1.09 billion during the year, with the remaining $416.52 million coming from medical marijuana.

Data says Colorado collected upward of $247 million in taxes and fees revenue from marijuana sales. The previous record was in 2016, when marijuana shops did $1.3 billion in sales. Sales were $996 million in 2015.