Colorado Hits Billion Dollar Sales Mark in Nine Months

According to data from the Colorado Department of Revenue, the Rocky Mountain state sold over $1 billion dollars in cannabis through the first nine months of 2017.

It took the state 10 months to reach the billion dollar mark in 2016. Sales totals through the first nine months of this year have reached a total of about $1.1 billion—the highest amount of total sales to date in the country.

When comparing the data to last year, through 9 months of sales Leafly found that Colorado totaled $942 million, with the totals in 2017 so far showing there was over a $100 million dollar increase in sales from the same time period, totaling $1,118,207,832.87 in sales.

Continue reading “Colorado Hits Billion Dollar Sales Mark in Nine Months”

Oregon’s Young Cannabis Market Already on Pace With Washington, Colorado

After Oregon’s first year of adult-use cannabis sales, the state’s legal market is already on pace with more established ones in Washington and Colorado, a new report shows. Controlling for population, sales in Oregon have closely tracked Colorado’s and exceeded sales in Washington state.

Continue reading “Oregon’s Young Cannabis Market Already on Pace With Washington, Colorado”