Latest Rec Sales Data: $7M in Washington, $30M in Colorado

Correction: An earlier version of this story incorrectly stated that the main sales figures for Washington State reflect solely retail store transactions, when in fact the numbers include revenues generated by producers and processors as well. The story has been updated to clarify.

Colorado and Washington have released updated tax data associated with their respective marijuana programs.

In Washington, the numbers indicate that monthly recreational marijuana sales more than doubled to hit nearly $5.5 million in August vs. $2.6 million in July. (Note: The July number only includes data for part of the month, as sales began July 8).

The state collected roughly $500,000 in taxes, interest and penalties from these sales. Washington, which also reports overall industry revenue, said sales from retail stores, producers and processors combined totaled nearly $7 million in August compared with $3.2 million in July.

Rec shop sales are poised to grow significantly as the supply chain stabilizes to match demand and more retail establishments open.

In Colorado, the tax numbers reveal that the recreational side of the industry has managed to overtake the medical side in terms of sales. In July, the latest month for which figures are available, recreational cannabis stores in the state generated $29.7 million in revenue, compared with medical marijuana sales of $28.9 million.

Recreational sales have risen steadily since the Jan. 1 launch of the state’s legalized cannabis industry, while medical cannabis revenues have dipped slightly.

6 comments on “Latest Rec Sales Data: $7M in Washington, $30M in Colorado
  1. LW on

    Washington State could make as much money as Colorado, if they weren’t so blindly greedy marking up the cost! From grower to retail, there is a total 75% tax mark up, and then on top of that, a sales tax. Regardless how many retail stores open, people are going to continue to buy from their friends. Why would anyone want to pay $500-$600 for a $200 ounce of pot?

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  2. mark mobray on

    I agree…just returned from Colorado…why would anyone want to re invent the wheel…they are like a machine down there and then comes Washington…Washington must be mixed up with Roe verses Wade cause that’s how they are operating

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  3. LW on

    I understand what you are saying “Wa.Weed Sales”. I didn’t vote for I-502 for a variety of reasons, but the main one was the Taxation. I don’t think the majority of voters actually read the law! If they did, then they would have realized how poorly it was written. All people heard was legalize pot, so they voted for it. Now it will take a long time before the law is amended/changed to lessen the 75% mark up before the product even gets to the consumer. I am disappointed in our state government, especially the Liq Control Board, and the authors of the bill, Dept of Health, Dept of Revenue, our Legislators, AND the head of the Wa.branch of the ACLU!!! Law enforcement also was behind the way this law was written. That should have been a clue for most people. But I really point my finger at ignorant voters who never looked past TV commercials or word of mouth to see what this law was really about.

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  4. 2nd Smoker on

    I couldn’t agree more LW. I voted yes, even with the items in the law I didn’t like, just to see it pass as to create some footwork for progress. Yet it will probably take a while for the law to be ironed out to make the taxes fair. Also, all the folks who voted the first time around might not turnout at the poles if future initiatives for change are put forth.

    *Changed screen name.

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