Marijuana sales tax revenue has steadily declined in Colorado over the past five years as more states have implemented legalization and intoxicating hemp products have grown in popularity, state officials say in a new report. However, cannabis brings in more tax dollars than alcohol or cigarettes.
In a memo to the nonpartisan Legislative Council of the Colorado legislature, staff “wanted to answer common questions about how marijuana industry revenues fit into Colorado’s state budget.” That includes $231.1 million in cannabis collected by the state in fiscal year 2024-25.
Adult marijuana is taxed at three levels in Colorado: a 15 percent excise tax, a 15 percent sales excise tax, and a 2.9 percent general state sales tax. As one of the first states to legalize recreational marijuana, Colorado’s revenue from such sales “grew steadily over the first eight years of legalization, reaching $424.4 million in FY 2020-21.”
After that, however, “revenues fell for the first time in 2021-22, and have declined every year,” the Legislative Council said. “Marijuana tax revenue fell to $231.1 million in FY 2024-25, 45.5 percent below the peak in FY 2020-21.”
It is remarkable notice He says the decline in marijuana tax revenue in recent years “has been largely due to low prices and a drop in demand as other states across the country legalize marijuana, and alternatives like intoxicating hemp become more available.”
Texas may remain a prohibitionist state, but cannabis is now legal for adults in almost half of US states, a broader shift. has obviously contributed to the decrease in income.
But the new report also says the rise of intoxicating hemp products is diverting tax dollars. Whether the federal ban on such products changes when it takes effect in November remains to be seen.
Even as statewide legalization expanded and consumer demand increased in the hemp market, however, the Legislative Council released data comparing marijuana to other vices, including alcohol and cigarettes.
In fiscal year 2024-25, marijuana sales generated more tax revenue than alcohol ($54.3 million), tobacco products ($68.2 million), nicotine products ($91.6 million) and cigarettes ($213.9 million).
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Texas-based medical cannabis operator Texas Original has announced new satellite locations in Plano and San Antonio, and pickup facilities in Lubbock, Nacogdoches and Tyler, Texas. The five sites will serve a viable market of more than 14,000 patients and allow patients to access their prescribed medications closer to home, reducing travel and improving convenience.
“Strengthening access to safe and reliable medical marijuana remains our guiding mission,” said Nico Richardson, Texas Original CEO. “These new locations allow more Texans to get their medications locally, reflecting our commitment to serving patients in every corner of the state.”
Satellite locations, authorized under House Bill 46, allow licensed medical marijuana providers to operate in locations approved by the Department of Public Safety to securely store medications on-site. Unlike traditional pickup sites, which require same-day transportation from a central facility, satellite locations can store inventory overnight, allowing for same-day pickup and more flexible patient access.
Texas Original has now approved four satellite locations with others in Houston Heights and South Austin, and 14 collection sites statewide, strengthening the largest distribution network in Texas and advancing responsible and targeted access to patient-centered and life-changing medicines through the Texas Compassionate Use Program. Additional openings are planned for 2026 as the Texas Original continues to expand across the state.
Several new satellite locations are open to better serve customers throughout Texas. In Plano, you can visit the new location at 601 West 15th St, Suite 102, Plano, Texas 75075. The Plano satellite location is open Thursday through Sunday from 11:00 AM to 6:00 PM, with Sunday hours from 11:00 AM to 4:00 PM. 1464. Tuesday to Saturday from 11:00 to 18:00
In addition to these satellite locations, several new pickup locations are also available. The Lubbock pickup location is located at 421 Frankford Ave, Lubbock, Texas 79416, and is open Wednesdays from 9:00am to 1:00pm in Nacogdoches, pickups are available at 1320 N University Dr, Suite C, Nacogdoches, Texas 75961, Saturdays from 1:00pm to 3:00pm, Tyler customers from 1:00pm They can be visited until 15:00. 11980 Hwy 64 E, Suite C, Tyler, Texas 75707, Open Tuesdays 9:00am – 1:00pm These additions make it easier for customers throughout the region to access services and get what they need closer to home.
These new locations follow the opening of Texas Original’s 75,000-square-foot Bastrop production facility, which significantly increases cultivation and manufacturing capacity. The added scale allows Texas Original to reach more communities and support the state’s growing patient population through a combination of delivery routes, satellite locations and pickup options.
The company also recently introduced the first medical cannabis concentrate products in Texas, including an oral RSO syringe and an oral distillate syringe, expanding access to treatment options to meet critical patient needs.
Weeks after Rep. Jared Sullivan’s (D) legislation was rejected by members of the Senate Judiciary Committee, saying the legislation was not advisable, the full chamber killed the proposal on a 15-9 vote Thursday. The bill passed the House earlier this year with a 208-135 vote.
“The Granite States overwhelmingly want to legalize cannabis,” Sen. Donovan Fenton (D) said before the Senate vote. “This bill would provide about $60 million in revenue over three years that can help lower costs for New Hampshire residents and provide housing and strengthen services.”
When enacted, HB 186 legalized the possession of products containing up to 21 ounces of cannabis flower, 10 grams of concentrate and 2 grams of THC for adults 21 and older. Even at home six plants could be grown, three of which could be mature.
It would vacate past cannabis possession convictions and establish non-discriminatory protections for consumers, including access to medical care, public benefits, child care and government employment.
A new Cannabis Commission would be created to license and regulate the marijuana industry, along with a Cannabis Advisory Board.
Sales of recreational cannabis would be taxed at 8.5 percent, with revenue split between the program’s administration, municipalities, substance abuse programs, public safety agencies and the state’s general fund.
Localities across the state would hold ballot referendums asking voters if they wanted the option to allow retail marijuana sales.
Gov. Kelly Ayotte (R) has already threatened to veto the legalization bill that reaches his desk, even though the proposal to amend the Constitution would not require gubernatorial action.
At a committee meeting last year, Sullivan ultimately made a persuasive argument for moving forward with his legalization bill, pointing out. The House has repeatedly passed similar legislation and that the House should stand its ground, forcing the Senate and the governor to once again oppose a policy that is popular with voters.
“We know where it’s going. Let’s send a virtue signal,” Sullivan said. “Let them be the ones to piss off the voters who care about this.”
As originally introduced, the legislation would completely remove the penalties for obtaining, purchasing, transporting, possessing or using psilocybin, effectively legalizing it on an off-trade basis. However a The House Committee amended the bill before it could advance unanimously last march
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The demand for steel roofs on water silos in the Netherlands is increasing rapidly. According to Bas van der Elst of silo producer Hendic, this development reflects a structural change in the market rather than a temporary trend.
“Growers are increasingly choosing the safety of steel over traditional covers,” he says. “This is largely driven by safety concerns, but also by more stringent requirements from insurers and authorities.”
Van der Elst explains that structural reliability is a key factor behind the growing interest. “It’s about the reliability of the construction. A steel roof can withstand significant snow and wind loads, much more than a traditional roof. However, certification is often the deciding factor. At Hendic, we include the steel roof in the structural calculations and the CE certification of the entire silo. This is essential compared to PVC roofs.”
Why has CE certification become so important? The importance of CE certification has increased, especially in export markets. “In Germany and other countries, many municipalities will not issue a permit without a structural calculation that complies with local regulations,” explains Van der Elst. “Insurers are also increasingly requiring the silo to be assessed and insured as a single unit. The steel roof effectively turns the silo into a solid building, rather than a basin with a sheet on top. This provides producers with legal certainty and operational peace of mind.”
Is safety a factor in addition to construction? In addition to structural resistance, local security plays an important role. “With a steel cover, a silo is completely enclosed. We equip them with a lockable access gate, so the silo can literally be locked. Compared to a tented cover, it’s a significant improvement in yard security.”
Does this mean the end of the popular PVC covers? According to Van der Elst, steel roofs do not mean the end of PVC-based systems. “The various systems we offer, from simple tension roofs to floating roofs and domes, have proven their worth and remain highly functional in most situations. However, for producers dealing with strict building regulations or extreme weather conditions, steel roofs offer the greatest added value today.”