New Info Shows The INSANE Amount Of Money That Colorado’s Making From Selling Weed

And all this time we were told that smoking weed was a bad thing. Shame on us for being brainwashed, huh? Turns out that the sticky icky stuff is pretty profitable—as in, potentially, $1 BILLION profitable for the entire year of 2016 in the state of Colorado.

According to the Colorado Department of Revenue, the state has already sold over $486 million worth of marijuana through the first five months of the year, with May’s sales being the fourth-highest monthly total since the state began selling the drug recreationally in January of 2014.

Per Leafly:

Medical sales topped $37.7 million, and recreational cannabis sales ended up being $60.85 million. With all of those receipts, Colorado will be swimming in tax revenue; the state claimed nearly $15 million in cannabis taxes, licenses, and fees.

In April, Colorado set a new sales record with $117.4 million, mostly thanks to the annual 4/20 holiday.

With so many people lighting up in Colorado, the state should see some healthy revenue—so anyone want to take a trip to Denver with me soon?

[H/T Leafly]

Nick Dimengo avatar
Nick's a Sr. Editor for BroBible, mainly relying on his Sports Encyclopedia-like mind to write about things. He's also the co-host of the BroBible podcast "We Run This," and can be seen sweating his ass off while frequently running 10+ miles around Seattle.