88 Million Dollars Worth Of Marijuana Sold In Colorado In January 2016
The sales figures are in from Colorado for January 2016, and while they are down from the previous month, the figures are still substantial. Last year the State of Colorado sold just shy of one billion dollars worth of cannabis. This year virtually all projections have Colorado eclipsing the one billion dollar mark, and the sales figures from January would put Colorado ahead of that pace. Per The Cannabist:
Colorado pot shops sold more than $88 million of marijuana and related accessories in January 2016, according to new data from the state’s Department of Revenue.
The state’s pot shops peddled $56.5 million of recreational marijuana in January 2016 — up 55 percent from January 2015’s totals but down 9 percent from the retail market’s record-breaking December 2015 figures.
Medical marijuana dispensaries in the state sold more than $32 million of cannabis in January, down
...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin