Colorado’s total marijuana sales in January were essentially flat compared to December transactions in the state.
Adult-use and medical marijuana sales in the state were $115.4 million in January, down $418,111 month-over-month, or less than 1%, according to the latest statistics from the Colorado Department of Revenue.
ADVERTISEMENT
Recreational marijuana sales accounted for nearly 87% of the total, a percentage that has stayed relatively flat for several months.
January sales were down significantly year-over-year, dropping 10.8% from $129.4 million in 2023.
To date, retailers have sold $15.6 billion worth of marijuana since Colorado became the first state to establish a regulated adult-use market in January 2014, data shows.
ADVERTISEMENT
Meanwhile, Colorado has collected $2.7 billion in
Read full article on Marijuana Business Daily
