Colorado’s most profitable month of the year with regard to cannabis was December, when dispensaries sold almost US$144 million in products. Although last year the state’s sales seemed to have reached a plateau, legal cannabis sales have soared 13 percent since 2018, compared to just 2.5 percent from 2017 to 2018. The state’s pot shops hit sales of almost US$1.75 billion in 2019, setting a new annual sales record, per data from Colorado’s Department of Revenue. Adams said the state’s increased sales can be credited to changes in the buying habits of Colorado cannabis consumers, as well as the rising popularity of infused products like edibles, topicals and extracts. Colorado is selling loads of weed and, consequently, the green is rolling in.
Colorado is selling loads of weed and, consequently, the green is rolling in.
The state’s pot shops hit sales of almost US$1.75 billion in 2019, setting a new annual sales record, per data from Colorado’s Department of Revenue.
Colorado’s cannabis companies find creative new inroads to reach customers Higher...Read the full article @ The Growth Op