Colorado marijuana shops ring up nearly $120 million sales in November

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The pace of Colorado marijuana sales in November continued to ease from a breakneck sprint to a brisk walk. The November sales data released Wednesday was the first new monthly sales report released since the state announced Dec. 12 that it would publish official sales data for the marijuana industry. November’s monthly sales, which consisted of $87.7 million of recreational product, included the third-lowest monthly total for medical marijuana sales in 2017, of $31.9 million Eleven months through 2017, sales climbed to $1.38 billion, surpassing the $1.31 billion recorded in the entirety of 2016. Sales stats for Colorado weed A month-by-month look comparing sales of recreational and medical marijuana, as calculated by The Cannabist: 2017 Recreational total (10 months) $921,554,385 2017 Medical total (10 months) $361,661,270 2017 (10 months): $1,283,215,655 2016 Recreational total (12 months) $861,587,411 2016 Medical total (12 months) $445,616,062 2016 total: $1,307,203,473 Source: Colorado Dept. of Revenue sales tax data; graphic by Kevin Hamm, The Denver Post Marijuana shops sold $119.6 million of recreational and medical cannabis — flower, edibles and concentrate — last November, a 9.5 percent increase from November 2016, according to data released Wednesday by the Colorado Department of Revenue.

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The pace of Colorado marijuana sales in November continued to ease from a breakneck sprint to a brisk walk.

Marijuana shops sold $119.6 million of recreational and medical cannabis — flower, edibles and concentrate — last November, a 9.5 percent increase from November 2016, according to data released Wednesday by the Colorado Department of Revenue.

November’s monthly sales, which consisted of $87.7 million of recreational product, included the third-lowest monthly total for medical marijuana sales in 2017, of $31.9 million

Eleven months through 2017, sales climbed to $1.38 billion, surpassing the $1.31 billion recorded in the entirety of 2016. Through November, the annual sales growth rate continued to narrow, dropping to just under 16 percent.

Growth rates have continued to drop since the spring of 2017.

The November sales data released Wednesday was the first new monthly sales report released since the state announced Dec. 12 that it would...

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