The figures for marijuana sales in Colorado for 2015 are in, and the industry has now reached nearly $1 billion. The exact figure stands at $996 million for the year according to the Colorado Department of Revenue.
In addition to $996 million in sales, Colorado also brought in greater than $135 million worth of taxes. Of this $135 million, $35 million went to construction projects for schools. The rate of taxes on marijuana has increased to higher than that of alcohol since a bill made recreational use legal. The legalization of recreational marijuana has also increased tourism revenues.