Colorado marijuana sales dropped by about $20 million during the first two months of the year, state data shows.
According to data released by the Colorado Department of Revenue, medical and recreational cannabis dispensaries reported $209.9 million in sales during January and February.
ADVERTISEMENT
That’s down from $229.8 million over the same period in 2024, a decline of roughly 9%.
In February, recreational marijuana sales accounted for nearly 90% of the total.
To date, retailers have sold $17.1 billion worth of marijuana since Colorado became the first state to establish a regulated adult-use market in January 2014, data shows.
Cannabis sales generated $58.9 million in tax revenue for Colorado during the first quarter, down from $64.4 million during the same period a year
Read full article on Marijuana Business Daily
