The American Cannabis Report
(C) 2018 Eastman Smith Communications

BOOM Go Sales Records in Colorado

Marijuana Business Daily reports that legal sales of cannabis in Colorado are up 30% from 2016.

 

"Colorado’s marijuana industry – one of the most mature in the nation – continues to thrive, posting record-setting sales figures through the first two months of 2017.

 

Combined sales of medical and recreational marijuana in January and February 2017 totaled over $235 million, up 30% from the same period in 2016."

 

This includes a combination of medical and recreational cannabis, though the recreational side is showing higher percentage growth.

 

No reports yet on the tax results from the $235M in sales.

 

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