Colorado marijuana sales hit record $1.75 billion in 2019

Cannabis sales have now reached a total of $7.79 billion in the 6 years since legalization

Tiney Ricciardi
The Denver Post

**Silverpeak Apothecary opened as a medical marijuana dispensary in 2009 and in 2014, became Aspen’s first adult-use cannabis retailer.**
*Courtesy Silverpeak*

Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana.

Medical and recreational cannabis sales hit a record $1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax collections also hit an all-time high, at more than $302 million in 2019.

December closed out the year with strong sales totaling more than $144 million, up 6.7% compared to the previous year. But that wasn’t the biggest month of 2019; instead, August topped the calendar year with $173 million in sales.

All told, Colorado marijuana sales now have hit $7.79 billion since recreational sales began in 2014.

Read the full story about Colorado marijuana sales from The Denver Post.

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