Colorado marijuana companies have bought greater than $6 billion value of weed and associated merchandise since a voter-approved measure permitting adults over the age of 21 to devour leisure pot took impact within the state on Jan. 1, 2014.

The milestone determine was highlighted Tuesday in a information launch from the Colorado Division of Income’s Marijuana Enforcement Division, the company tasked with overseeing each leisure and medical hashish companies within the state.

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Colorado crossed the $6 billion gross sales threshold because of a record-setting 2018. Gross sales surpassed $1.55 billion for the yr, beating the document of greater than $1.51 billion set in 2017.

The gross sales have Colorado on the cusp of one other milestone: $1 billion in marijuana tax, licensing and payment income. As of the top of January, the state had collected $927 million from these classes — masking each leisure and medical marijuana companies — since adult-use pot turned authorized in 2014. Colorado collected greater than $266.5 million in taxes, charges and licensing funds in 2018 alone. 

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