Cannabis Tax Rates in Colorado
This state has legalized both recreational and medical cannabis.
Tax Rate Breakdown
Overview
Colorado, the first state to launch recreational sales in 2014, uses a multi-layered tax structure. A 15% excise tax is applied at the wholesale level (when cultivators sell to retailers), and a 15% special retail sales tax is charged at the point of sale. The standard 2.9% state sales tax also applies, along with any applicable local sales and special marijuana taxes. Medical cannabis purchases are subject only to the 2.9% state sales tax. Revenue is allocated to education, public health, and local governments.
Key Facts
- •15% excise tax levied at wholesale level
- •15% special retail marijuana sales tax at point of sale
- •2.9% state sales tax applies to recreational purchases
- •Local governments may impose additional taxes
- •Revenue funds education (BEST program), public health, and local governments
Frequently Asked Questions
What is the total cannabis tax in Colorado?+
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Is medical cannabis taxed in Colorado?+
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Disclaimer: The information on this page is provided for educational and informational purposes only and does not constitute tax or legal advice. Cannabis remains illegal under US federal law. Colorado tax rates and regulations are subject to change and may vary by local jurisdiction. Tax rates, revenue figures, and program details described here are based on publicly available information and may not reflect the most current regulations. Always verify current tax rates with official Colorado state tax authorities and consult with a qualified tax professional. Cannabismarketcap does not guarantee the accuracy or completeness of any information presented.