Colorado: $124 Million in Legal Marijuana Sold in April

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Colorado: $124 Million in Legal Marijuana Sold in April

According to new data released by the Colorado Department of Revenue, there was over $124 million in marijuana and marijuana products sold in April.

The $124.31 million in legal marijuana sold in April is a slight increase over the total for April, 2017, which was $124.27 million. April’s totals are down from March, which was a record-setting month with  $135,183,956 in marijuana and marijuana products sold. Of the $124 million sold in April, less than $30 million came from medical cannabis sales, with the remainder coming from the sale of recreational marijuana.

The new data brings the state’s total marijuana sales for 2018 to around $490 million. This puts Colorado on track to sell around $1.5 billion in legal marijuana for 2018, which would be on par with the $1.5 billion sold in 2017 (there was $1.3 billion sold the year prior).

In Colorado, licensed marijuana retail outlets are authorized to sell up to an ounce of marijuana to anyone 21 and older. These outlets are also allowed to sell marijuana products such as edibles and topicals, as well as marijuana plants and seeds. The first outlet opened in 2014.

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