Colorado Marijuana Sales Balloon 11% in August

Marijuana sales in Colorado are hitting new highs.

Both recreational and medical cannabis revenues jumped 11% in August, according to the latest numbers released by the state.

Cannabis consumers spent over $33 million on recreational marijuana and $32.2 million on medical cannabis during the month. That’s up from $29.7 million and $28.9 million, respectively, in July – which also ranks as the first month that recreational sales surpassed medical marijuana revenues.

Through the first eight months of the year, recreational shops have racked up $180 million in cannabis sales, while medical marijuana dispensaries recorded about $255 million in revenues.

The state has reaped more than $45 million in tax revenue from marijuana sales since January as well.

Daily News | Briefs | Colorado Medical Cannabis Business & Marijuana Legal News | Dispensary/Retail Store Business News | Recreational Marijuana News | Sales, Funding & Banking News

 3 Comments

  1. W. Burchett October 14, 2014
  2. potguard October 14, 2014
  3. bongstar420 October 16, 2014

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