October 1, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Colorado Marijuana Sales On Pace for Three-Year Low in 2022

1 min read

<

Colorado’s marijuana sales are projected to reach $1.8 billion in 2022, the lowest total for a calendar year since 2019.

According to the state Department of Revenue, dispensary sales accounted for just under $146.4 million in June. That’s about 22 percent lower than for the same month in 2021, and almost 27 percent less than for June 2020.

Dispensary sales have fallen for thirteen months in a row on a year-over-year basis, but the June 2022 stats reflect a particularly poor performance by stores. Of the six months of reported sales figures so far in 2022, June was the second-lowest, barely beating out February — traditionally the worst month for dispensaries — by $1.1 million.

Recreational pot sales hit just over $127.1 million in June, DOR data shows. Meanwhile, medical marijuana…

Thomas Mitchell

2022-08-10 10:26:00

All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator


Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.