Sales of both medical and recreational cannabis in Colorado plummeted in June compared to the previous year, the state’s Department of Revenue reported, an alarming decline that industry officials attribute to a variety of reasons.
Medical marijuana sales totaled $19,235,656 in June—down from $34,534,293 in June 2021. Recreational pot sales, meanwhile, generated $127,157,358 in June—down from $152,719,813 in June 2021.
The decline in medical cannabis sales has been especially concerning to certain members of the industry.
Truman Bradley, executive director of the Colorado-based trade association the Marijuana Industry Group, said that the medical cannabis sales are “the lowest they’ve been
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