Colorado Rakes in $115 Million from Cannabis Taxes and Fees in First Half of 2025

Colorado collected over $19.6 million in marijuana-related taxes and fees in June alone, pushing the state’s total cannabis revenue to $115.1 million for the first half of 2025, according to the Colorado Department of Revenue.

Of June’s total, $18.86 million came from taxes and $779,399 from licensing and regulatory fees. The bulk came from the 15% retail marijuana sales tax, which generated $15.17 million, while an additional $3.26 million came from the 15% excise tax on wholesale transfers.

Monthly revenue this year has averaged just over $19.18 million, slightly below last year’s first-half average of $21.3 million. Since legal sales began in 2014, Colorado has brought in more than $2.9 billion in total marijuana revenue.

These funds support various initiatives, including K–12 school construction, mental health services, local government operations, and the state’s general fund. Colorado, alongside Washington, became one of the first states to legalize recreational cannabis in 2012.

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