The state’s marijuana shops raked in $1.51 billion sales of medical and recreational flower, edibles and concentrate products during 2017, according to Colorado Department of Revenue data released last Friday. Adult-use sales topped $1.09 billion in 2017, with the remaining $416.52 million coming from medical marijuana. Cannabis sales in the state were up 15.3 percent in
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Colorado marijuana sales in 2017 are poised to shatter the $1.3 Billion sold in 2016
By Steve Levine on
Posted in General Industry, Government and Policy Trends
This is on the heels of a record setting $1.3 Billion in sales last year and threats over a federal crackdown on adult-use marijuana.
What does this mean?
If the trends hold, 2017 will be the third-year in a row for Colorado seeing dramatic growth. While there are numerous factors driving the increase, the linked…