Colorado’s monthly marijuana sales tore through records this summer, reaching an all-time high in July of nearly $123 million. That accounts for sales of both recreational and medicinal marijuana, and it represents a 27 percent boost from the sales of July 2015.
July marijuana sales also soared past the previous record, set in April 2016 (during a month that includes the yearly 4/20 marijuana holiday), which was $117.4 million. Medical sales accounted for about $41 million of that total, while recreational marijuana sales totaled about $77 million.
Meanwhile this July, sales of recreational marijuana in Colorado spiked at $83.8 million, according to the state’s department of revenue. Continue reading