Colorado cannabis sales hit new all-time high in May at more than $192 million | AspenTimes.com
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Colorado cannabis sales hit new all-time high in May at more than $192 million

That’s the biggest single-month tally since recreational sales began in 2014

Tiney Ricciardi
The Denver Post

Cannabis sales in Colorado set a new monthly record in May, hitting their highest level since recreational sales began in 2014.

Dispensaries sold $192,175,937 worth of products in May, according to data from the Department of Revenue’s Marijuana Enforcement Division. That’s up about 29% from April and an increase of 32% from May 2019.

Sales at both medical and recreational pot shops hit monthly all-time highs, at $42,989,322 and $149,186,615, respectively. Collectively, both sectors have sold more than $779 million in 2020 and paid more than $167 million in taxes and fees to the state.

Colorado’s dispensaries were deemed essential businesses during the early days of the pandemic and the statewide stay-at-home order. So far, monthly cannabis sales this year have consistently outpaced 2019, which was the highest-grossing year on record.

Read the full story from The Denver Post.


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