Colorado marijuana sales surpassed the $15 billion mark in August – a milestone since legal adult-use sales launched in the state in 2014.
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Figures from Colorado’s Department of Revenue for August show that recreational and medical marijuana sales reached an accumulative total of $15,028,995,376, according to Denver TV station KUSA.
Sales of adult-use and medical marijuana this year reached more than $1 billion as of August.
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Because of cannabis oversupply and low prices, Colorado sales are expected to be lower in 2023 than they were last year.
Total marijuana tax revenue as of August exceeded $2.5 billion since Colorado launched adult-use sales.
Read full article on Marijuana Business Daily
