Colorado: Over $70 Million in Legal Cannabis Sold in March, Setting Record for Third Straight Month

moneycannabisThere was roughly $74 million worth of legal cannabis sold in Colorado in March, setting a record for the third straight month.

In total, consumers spent more than $42 million on recreational cannabis, up from the $39 million they spent in February, and the $36 million they spent in January (both figures set records at the time).

In additional to the $42 million in recreational cannabis sold in March, there was $32 million worth of medical cannabis purchased. This is according to data released by the state’s Department of Revenue.

To compare, recent data shows that consumers in Washington State purchased $25 million worth of recreational cannabis in April.

There was $700 million worth of legal cannabis sold in Colorado in 2014, resulting in $76 million in taxes for the state.

TheJointBlog

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