Colorado cannabis sales set a record yet again in July, eclipsing $200 million in a single month for the first time. Marijuana sales have soared to new heights since spring despite the coronavirus pandemic. Dispensaries sold $183,106,003 in recreational marijuana and $43,268,565 in medical marijuana in July, for a combined $226,374,568 in revenue, according to data from the Colorado Department of Revenue. An early freeze and snow in September may have jeopardized millions of dollars worth of marijuana grown outdoors and slated for harvest in October. So far in 2020, consumers have purchased more than $1.2 billion worth of cannabis products and the state has collected $203 million in taxes.
Colorado cannabis sales set a record yet again in July, eclipsing $200 million in a single month for the first time.
Dispensaries sold $183,106,003 in recreational marijuana and $43,268,565 in medical marijuana in July, for a combined $226,374,568 in revenue, according to data from the Colorado Department of Revenue. That’s up 13.8% from June, another record-setting month when the industry raked in nearly $199 million.
So far in 2020, consumers have...
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