Colorado: $135.2 Million in Legal Marijuana Sold in March, New Monthly Record
There was more legal marijuana sold throughout Colorado in March than any month prior, according to new data released by the Colorado Department of Revenue.
There was $135,183,956 worth of marijuana and marijuana products purchased legally in Colorado in March. This sets a new monthly sales record for the state, which began legal sales in 2014. Roughly $106 million of this came from recreational marijuana sales, with the additional $29.2 million coming from the sale of medical marijuana.
The new data brings the state’s total for 2018 to $365 million, a 6% increase from the same period in 2017. This puts the state on track to sell around $1.6 billion in legal marijuana for 2018, which would be a slight increase from the $1.5 billion sold in 2017 (and a considerable increase over the $1.3 billion sold in 2016).
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.