Retail Cannabis Sales Jump 16% in WA; Colorado Steady

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 include only retail sales.

Recreational cannabis sales jumped in Washington last month, while retail marijuana revenues in Colorado remained steady in October, according to the latest data from each state.

November retail marijuana sales in Washington State rose 16% from the previous month to hit $10.5 million, according to the state’s revenue department.

Revenues and tax collections from recreational cannabis have risen each month in early July.

In Colorado, recreational marijuana sales totaled about $30.6 million in October, up about 1.5% from the September total. Medical sales totaled $32 million, up 2% from $31.3 million the previous month.

The state brought in $7.6 million during October in taxes, licensing fees and other charges.

2 comments on “Retail Cannabis Sales Jump 16% in WA; Colorado Steady
  1. D on

    “In Colorado, recreational marijuana sales totaled about $30.6 million in October, up about 1.5% from the September total. Medical sales totaled $32 million, up 2% from $31.3 million the previous month.”

    So that is 61.9 MILLION that was spent last month on Legal MMJ and RMJ. How much is still being bought from the black market? With the taxes I am sure it is a lot more than we imagine. All that money from such a small population state and that doesn’t include all the undocumented sales.

    They will have to come down on the price and taxes to make the black market minimal and maximize taxes and sales. When someone with a lick of sense that can change things figures that out it would sure help!

    Reply
  2. Eric Layland on

    A fair amount of Colorado sales are going to come from tourist. Colorado is much more of a destination state than here in Washington. So the revenue per resident in Colorado is skewed some. But I agree, the black market has got to be similar in size if not larger than legal sales.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *