Colorado Marijuana Sales on Pace For Yet another Record Year

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Colorado marijuana sales continued their hot streak in August, according to the state Division of Income, reaching the highest month-to-month total ever.

Healthcare and recreational dispensaries accounted for more than $173.two million in sales in August, DOR information shows. That quantity is very easily the highest for month-to-month sales given that recreational pot shops opened in January 2014, passing July 2019’s preceding higher mark (about $166.three million) by about four %. This is the third straight month that dispensary sales have broken Colorado’s month-to-month record.

Recreational sales on their personal also set a further record, hitting practically $141.87 million in August. Healthcare sales, though nevertheless hovering in the $30 million variety, saw a slight bump, growing just beneath $1 million from the preceding month to hit $31.three million.

August is 1 of 3 months in 2019 to have 5 Fridays and 5 Saturdays on the calendar, and weekends are incredibly vital to dispensary sales, according to marijuana sector sales trackers. With cooler climate and fewer weekend days in September, never be shocked if the subsequent month-to-month sales figure drops.

By way of the 1st eight months of 2019, Colorado has currently observed more than $1.15 billion in dispensary sales, and it is on a clear path to breaking final year’s general sales of $1.55 billion.

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Colorado Division of Income



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