You are here
Home 🌿 Marijuana Business News 🌿 Colorado pot sales spike in June, top $50M for first time 🌿Colorado pot sales spike in June, top $50M for first time
Warning message
The subscription service is currently unavailable. Please try again later.Colorado’s monthly recreational cannabis sales topped $50 million for the first time, according to new data from the Colorado Department of Revenue.
The retail pot sales figures for June 2015 also saw their largest-ever month-over-month increase, adding credibility to 2014 trends that hinted at marijuana sales spiking in Colorado tourism’s high seasons of summer and winter.
Colorado state Sen. Pat Steadman, a Democrat representing District 31, said that spikes in recreational cannabis sales correlating with tourism hotspots “wouldn’t surprise me.”
“It might be too early to say for sure that there’s these patterns, but you can explain some of them if you think about the winter sport tourism or summer tourism or other things happening — vacations, wedding parties, graduations,” said Steadman. “It’s a lifestyle thing.”
Recreational pot sales jumped more than $7.6 million from May to June, totaling $50.1 million, according to the data. Medical marijuana sales also saw...
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.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin