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.

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

Nearly $40 Million in Recreational Cannabis Sold in Colorado in February, New Record

There wascolorado $39.2 million in legal recreational cannabis sold in Colorado in February, setting a record for the second straight month. The new numbers come courtesy of the Colorado Department of Revenue.

The nearly $40 million in sales garnered roughly $4 million in taxes for the state, with the majority of that money going to school construction.

According to the Department of Revenue, there was $700 million worth of legal cannabis sold in Colorado in 2014; $386 million for medical cannabis, and $314 million for recreational cannabis. This resulted in $76 million in taxes.

Read moreNearly $40 Million in Recreational Cannabis Sold in Colorado in February, New Record