Colorado on Track for $1B in Cannabis Sales

Sales just keep increasing in re-legal Colorado.

In the first five months of 2016, Colorado marijuana sales already were starting to flirt with the half-billion mark.

Colorado recreational pot shops and medical marijuana dispensaries reeled in nearly $98.6 million in sales during May, bringing the year-to-date tally for 2016 to just over $486 million, according to Colorado Department of Revenue tax data released Wednesday.

The state’s cannabis industry very well could surpass $1 billion in sales by November, if the coming months’ sales keep pace with 2015 monthly revenue. The May sales — $37.7 million from medical and $60.85 million from retail — represent the fourth-highest monthly total since Colorado started recreational sales in January 2014.

Lots more to this one at the complete, original post which is HERE.


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Author: DavidB

a heathen, but hopefully not an unenlightened one

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