Colorado marijuana sales dip to $153M in April

Marijuana sales in Colorado dipped to $153 million in April, according to the latest market data from the Colorado Department of Revenue (CDOR).

Overall, more than $131 million in recreational marijuana was sold in the state compared to $21.3 million in medicinal marijuana.

The total sales figure from April also represents a more than 5% decline from the $162.5 million of marijuana sold in March, and a more than 25% decline when compared to April 2021.

Through the first quarter of the year, more than $611 million of marijuana has been sold in Colorado, which includes both recreational and medical sales. That represents a 20% decline from the first quarter of 2021 and a more than 4% increase compared to the first quarter of 2020.

Denver County led all other counties in both medical and recreational marijuana sales, accounting for over $35 million in recreational sales and $8.1 million in medicinal sales.

Arapahoe, Adams, and Boulder counties rounded out the top four counties for recreational sales, combining for a total of nearly $37 million.

El Paso and Jefferson counties were the second and third-highest grossing counties for medicinal marijuana sales, accounting for $8.5 million altogether. [Read more at The Center Square]