Colorado set another record in 2021 with $2.22 billion in combined sales of medical and recreational cannabis.
According to the state Department of Revenue, 2021 set a new bar for the Colorado cannabis industry with sales that were higher than the previous year’s $2.19 billion. That total also set a record.
The full sales figure for Colorado for the 2021 calendar year: $2,228,994,553.
That total included more than $168 million in sales in December alone, the department reported.
Total sales for medical and adult-use marijuana combined since the Colorado recreational market launched in January 2014 have now hit $12.2 billion, the Department of Revenue reported.
Business leaders need reliable industry data and in-depth analysis to make smart investments and informed decisions in these uncertain economic times.
Order your 2022 MJBiz Factbook, out now!
Featured Inside:
- 200+ pages and 50 charts with key data points
- State-by-state guide to regulations, taxes & opportunities
- Segmented research reports for the marijuana + hemp industries
- Accurate financial forecasts + investment trends
Stay ahead of the curve and avoid costly missteps in the rapidly evolving cannabis industry.
According to year-over-year figures from the state, Colorado’s marijuana market has set sales records every year since registering $683 million in 2014.
The trend is likely encouraging to the cannabis industry considering Colorado is the most mature recreational marijuana market in the U.S.
