Over $65 million in legal cannabis was sold in Colorado in the month of August, $33 million from recreational cannabis, and $32 million from medical cannabis. The numbers are up from the $58 million sold in July.
In total, Colorado has garnered over $45 million in taxes from recreational and medical cannabis sales so far this year. These numbers were reported Thursday by the Colorado Department of Revenue.
In Colorado, the possession, cultivation and state-licensed distribution of up to an ounce of cannabis is legal for those 21 and older, thanks to the passage of Amendment 64 in 2012. Recreational cannabis sales officially began on January 1st.
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