Colorado marijuana sales continued their hot streak in August, according to the state Division of Income, reaching the highest month-to-month total ever.
Health-related and recreational dispensaries accounted for more than $173.two million in sales in August, DOR data shows. That quantity is quickly the highest for month-to-month sales considering that recreational pot shops opened in January 2014, passing July 2019’s earlier higher mark (around $166.three million) by about four %. This is the third straight month that dispensary sales have broken Colorado’s month-to-month record.
Recreational sales on their personal also set a different record, hitting practically $141.87 million in August. Health-related sales, whilst nevertheless hovering in the $30 million variety, saw a slight bump, rising just beneath $1 million from the earlier month to hit $31.three million.
August is a single of 3 months in 2019 to have 5 Fridays and 5 Saturdays on the calendar, and weekends are incredibly important to dispensary sales, according to marijuana market sales trackers. With cooler climate and fewer weekend days in September, do not be shocked if the subsequent month-to-month sales figure drops.
By means of the very first eight months of 2019, Colorado has currently observed more than $1.15 billion in dispensary sales, and it is on a clear path to breaking final year’s all round sales of $1.55 billion. [Read more at Westword]