Colorado Marijuana Tax

Colorado imposes a special tax on marijuana sales, which helps fund various state programs. When you buy recreational cannabis, you're charged a 15% excise tax and a 2.9% state sales tax. Local governments can add additional taxes, leading to a total tax rate of up to around 30% in some areas. The revenue generated is allocated to education, health care, and drug treatment programs, among other initiatives. This taxation framework aims to regulate the market while providing financial support for community services.