Merry Jane report….
Between March and August of this year, Colorado dispensaries sold more than $1.1 billion of legal weed, according to the state Department of Revenue. This August alone, retailers sold $176.5 million of adult-use products and $42 million worth of medical marijuana, for a total sum of $218.6 million.
Nearly half of this revenue was collected in July and August alone. In July, dispensaries shifted $226.3 million worth of legal weed, the highest monthly sales figure since Colorado began selling pot in 2014. And even though sales declined slightly, August 2020 still marks Colorado’s second-highest monthly sales record.