In 2016 – the third calendar year of legal recreational cannabis – Colorado dispensaries sold A$1.7 billion (US$1.3b) of recreational and medical marijuana, recent State tax data has revealed.
Of the US$1.3b sold, $875m of it was from recreational weed, while the remaining $438m was from medical weed.
According to Denver Post’s The Cannabist, the haul from year-one of legalisation was US$699m, which grew to US$996m in 2015.
Those sales figures pulled in almost US$200m (A$260m) in revenue for the state.
At the end of last year, the State’s governor John Hickenlooper announced bold plans to spend marijuana tax money on combating homelessness.
MORE: Colorado’s bold plan to spend $16m+ in weed taxes on the homeless
Meanwhile down under, recreational cannabis is still illegal.
