Colorado Racks up Almost Half a Billion Dollars in Weed Sales in Five Months
Sales of legal marijuana in Colorado are more potent than ever.
According to the Colorado Department of Revenue as of May 2016 revenue from recreational and medicinal marijuana sales totaled $486 million.
In April, sales hit an all-time high of $117 million but lost a little buzz, settling back down to $98.6 million May.
There were $588 million in recreational sales last year. Five months into 2016, $308 million has been spent on non-medicinal marijuana.
In 2015, a record 71.3 million tourists visited the state, although only 8% reported visiting a dispensary, according to Colorado tourism surveys from Strategic Marketing and Research Insight.
For tourists, recreational purchases at dispensaries are rather stress-free. Non-medicinal sales in the state only require a current United States ID and that the buyer be at least 21 years old.
“In one week at the store we saw visitors from all 50 states,” said Aaron Wellman,...
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