Pot’s hottest month ever: Marijuana sales notch record $122.7 million
Colorado’s monthly marijuana sales notched an all-time high in July as shops sold nearly $122.7 million of medical and recreational cannabis, according to state revenue data released Monday.
The monthly haul surpasses the previous record notched this past April — a month that includes the annual 4/20 marijuana holiday — when $117.4 million of flower, edibles and concentrates were sold. Medical sales accounted for $40.8 million and recreational sales accounted for roughly $76.6 million of April’s total.
In July, recreational sales shot to $83.8 million, according to the Colorado Department of Revenue report.
Bolstered by the record month, Colorado’s marijuana industry generated $720.4 million in sales through the first seven months of the year, with recreational and medical accounting for about $465 million and $255.4 million, respectively. During the first seven months of 2015, marijuana sales totaled $538 million.
The record month and banner year mean that Colorado’s coffers are getting a little boost.
Through July, the industry has resulted in nearly $105.8 million in taxes and fees.
