Colorado marijuana sales level to begin the year

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The regular monthly total amount is down year-over-year from $129.3 million in January 2023.

In 2015 was Colorado’s worst sales year given that 2017, and 2024 isn’t off to an excellent begin either. Colorado’s marijuana market marketed simply $115.3 million for the month of January, a minor dip from December however statistically despite having the previous month.

According to numbers from the Colorado Division of Earnings, cannabis dispensary sales were down in January from $115.8 million in December, though up from $110 million in November.

The January complete consists of $100.1 million in leisure sales and an additional $15.2 million in clinical cannabis sales.

The begin to the year is most likely not what experts intended to see, considered that Colorado dispensaries marketed $1.5 billion in 2023, the market’s lowest-performing sales year given that 2017.

The regular monthly total amount is likewise down year-over-year from $129.3 million in January 2023, when dispensaries marketed $113.1 million in leisure marijuana and $16.2 million in clinical cannabis.

The earliest adult-use cannabis market in the country– which transformed one decade old on New Year’s Day– has actually been acquiring for a long time. Sales have actually trended downward given that even more nearby states have actually introduced clinical and leisure markets of their very own, consisting of New Mexico, Utah, and Oklahoma.

New Mexico, particularly, simply this month commemorated the $1 billion sales mark given that its leisure market introduced in 2022.

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