Colorado’s Declining Marijuana Tax Revenue Is Partly Due To Lower Demand From Tourists As More States Legalize, Report Says

September 24, 2024

Colorado legislative analysts say part of the reason the state is seeing declining cannabis tax revenue is due to “falling demand as other states across the country legalize marijuana,” making sales from cannabis tourism “less pronounced.” In its September Economic & Revenue Forecast report, Colorado Legislative Council Staff (LCS) looked at marijuana tax revenue trends, […]