RSSArchive for December 5th, 2024

Colorado marijuana sales — and tax dollars — are still falling. The rise of intoxicating hemp may be to blame.

Colorado marijuana sales — and tax dollars — are still falling. The rise of intoxicating hemp may be to blame.

Industrialhemp grows on a farm south of Montrose. ( William Woody, Special to The Colorado Sun   Marijuana sales peaked in Colorado in the 2020-21 budget year, when the state collected $424 million in taxes. That fell to $248 million last year. Forget the pandemic boom in marijuana sales — Colorado now collects fewer marijuana […]