Colorado pot sales spike in June, top $50M for first time
Colorado’s monthly recreational cannabis sales topped $50 million for the first time, according to new data from the Colorado Department of Revenue.
The retail pot sales figures for June 2015 also saw their largest-ever month-over-month increase, adding credibility to 2014 trends that hinted at marijuana sales spiking in Colorado tourism’s high seasons of summer and winter.
Colorado state Sen. Pat Steadman, a Democrat representing District 31, said that spikes in recreational cannabis sales correlating with tourism hotspots “wouldn’t surprise me.”
“It might be too early to say for sure that there’s these patterns, but you can explain some of them if you think about the winter sport tourism or summer tourism or other things happening — vacations, wedding parties, graduations,” said Steadman. “It’s a lifestyle thing.”
Recreational pot sales jumped more than $7.6 million from May to June, totaling $50.1 million, according to the data. Medical marijuana sales also saw a significant uptick in June, up more than $2.8 million from the previous month for an annual high of $35.2 million.
More at:
http://www.thecannabist.co/2015/08/13/colorado-marijuana-taxes-recreational-sales-june-2015-50-million/39384/