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Colorado pot sales spike in July, continue to set records

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Submitted by Marijuana News on Mon, 09/14/2015 - 08:45

Colorado pot sales — recreational and medical — were thriving in July 2015, the most recent month for which the Department of Revenue has released marijuana tax data.

After topping $50 million for the first time in June, recreational sales cleared the $55 million hurdle in July when sales totaled more than $56.4 million — a record for retail cannabis in Colorado. Medical marijuana sales numbers in July were also at their highest in the recreational era’s 19 months of recorded data, reaching more than $39.8 million.

Recreational cannabis sales began on Jan. 1, 2014 in Colorado, the first state to launch a retail marijuana program.

In total, more than $96 million of marijuana was sold in Colorado shops in July — up from $85 million in June. For context, 2014’s most robust month of recreational and medical cannabis sales was August, when those sales totaled $67...

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Colorado pot sales spike in July, continue to set records
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