By Alicia Wallace
Colorado’s trailblazing cannabis industry has a new high-water mark: $1.5 billion.
The state’s marijuana shops raked in $1.51 billion sales of medical and recreational flower, edibles and concentrate products during 2017, according to Colorado Department of Revenue data released Friday.
Adult-use sales topped $1.09 billion during the record year, with the remaining $416.52 million coming from medical marijuana. Colorado collected upward of $247 million in taxes and fees revenue from marijuana sales, according to state finance data.
Read more at The Cannabist