Summary
In June, there was a conspicuous decline in marijuana sales of 22% compared to 2021 June sales. Unfortunately, it’s not clear why marijuana sales in Colorado are declining so fast. What’s causing the free fall of marijuana sales in Colorado? In June, legal marijuana sales were at $146 million. While the total marijuana sales for the first half of 2021 topped $1.1 billion, the state managed a paltry $906 million for the same period this year.
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“They think we’re all getting rich, and things are going extraordinarily well, but if you’re on the inside of the industry, you understand the harsh reality that we’re dealing with right now,” said one dispensary CEO.
Marijuana sales in Colorado have been on a steep decline since February this year. While the total marijuana sales for the first half of 2021 topped $1.1 billion, the state managed a paltry $906 million...
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