Recreational marijuana sales and business licenses trending upward in Colorado

Adult-use cannabis sales account for an increasing portion of overall legal marijuana commerce in Colorado, according to new state data, with the number of adult-use MJ business licenses also on the rise.

Based on an annual update from the Colorado Marijuana Enforcement Division, 66% of the total pounds of marijuana flower and 86% of the total units of edibles sold in the state in 2018 were for adult use, the Denver Post reported.

Those figures are an increase over 2017, when 58% of the total pounds of cannabis flower and 83% of the total units of edibles were sold for recreational use.

Medical marijuana accounted for the remainder of the annual revenue for Colorado’s cannabis industry.

According to the Enforcement Division’s report, the number of medical marijuana licenses declined for the first time in years, showing an 8% decrease, and adult-use cannabis business licenses increased by 3%.

At the end of 2018, Colorado boasted 1,577 licensed recreational marijuana businesses, up from 1,520 licensed adult-use companies in 2017.

Over the same time period, medical marijuana licenses in Colorado declined from 1,531 to 1,396.

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2 comments on “Recreational marijuana sales and business licenses trending upward in Colorado
  1. Maxcatski on

    So, what’s the difference between medical and recreational in Colorado? Do you need a special permit to buy medical cannabis?

    If so, that would explain the increase of recreational stores. Why bother with medical if you can access the same cannabis more easily. Is medical pricing better? This article does not say.

    There really is no difference between medical and recreational cannabis – and often the usage, too.

    Reply
    • mark g on

      Yes, you need a medical card. The product is essentially the same as recreational product, but you can buy more of it and, for edibles, higher doses.

      Reply

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