Colorado Sets New Monthly Cannabis Sales Record
Marijuana Stocks, Finance, & InvestingUncategorized August 15, 2020 MJ Shareholders
Six years after its first adult-use cannabis sale, Colorado set a monthly sales record in June totaling $158,102,628, according to state Department of Revenue Marijuana Enforcement Division Revenue outlined by the Denver Post. Last June, cannabis sales in the state reached about $122.4 million.
The previous cannabis sales record in the state of $149,186,615 was set in May, suggesting that cannabis sales in Colorado are booming during the pandemic. Prior to May, the only time sales in the state reached $140 million was in August 2019.
So far this year, medical and recreational cannabis sales in Colorado have totaled $978.35 million, setting the pace for 2020 to eclipse 2019’s record of $1.75 billion in total sales.
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