Colorado's monthly marijuana sales top $100 million
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The subscription service is currently unavailable. Please try again later.Marijuana sales blazed past the $100 million mark for the first time in August, the Denver Post reported over the weekend.
According to sales data from Colorado’s Department of Revenue released Friday, sales of recreational pot topped $59.2 million for the month, while medical marijuana dispensaries pulled in $41.4 million, for a combined $100.6 million — the highest monthly total since legal recreational cannabis sales began there in January 2014.
“It means that $100 million is going to licensed, taxpaying businesses, creating jobs and helping to build new schools,” Dan Riffle, director of federal policies for the Marijuana Policy Project, told Yahoo News, “instead of going to cartels and drug dealers — as is the case in the 46 states that don’t regulate marijuana.”
It was also the seventh time in eight months that marijuana sales in Colorado have exceeded the previous month’s total. In May, combined recreational...
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