State Tax Revenue from Marijuana Sales in Colorado Have Surpassed

State tax revenue from marijuana sales in Colorado have surpassed $1 billion since its legalization in 2014. Total sales from licensed retailers in Colorado have exceeded $6.5 billion since the state became the first to legalize recreational marijuana. Retail customers pay a 2.9% standard sales tax and a 15% state marijuana sales tax, on top of local taxes. In addition to paying for industry regulation and enforcement, state revenue is used used to fund several state initiatives, including a public school construction fund, youth drug use prevention, and affordable housing.
Source: Claire Hansen, "State Revenue from Pot Tops $1 Billion in Colorado," usnews.com, June 13, 2019.
-Refer to the Article Summary. Colorado taxes marijuana with a 2.9% standard sales tax and a 15% state marijuana sales tax, in addition to local taxes. All of these taxes are paid by consumers at the time of purchase. Does this necessarily mean that consumers bear 100 percent of the burden of these taxes?

A) Yes, the percentage of taxes paid by consumers represents the burden of the tax.
B) No, because consumers and producers always bear equal burdens of a tax.
C) No, the burden of a tax is always 100 percent on the producer.
D) No, the burden of the tax will depend on the elasticity of demand and supply.