Colorado sees record $192 million in marijuana sales in May

PROMO 660 x 440 Marijuana - Wikimedia Public Domain
Published Thursday, July 16, 2020
by Michael McGrady | The Center Square

(The Center Square) - Colorado had record high cannabis sales in the month of May, according to data from the Colorado Department of Revenue Marijuana Enforcement Division.

Total sales for May reached $192 million, up from $148.5 million in April and $161 million in March. January had $139 million in sales and February had $138.6 million in sales.

That record amount is a 29 percent increase from April and a per annum increase of 32 percent from May 2019.

For both medical and recreational marijuana dispensaries, the two verticals saw all-time highs in May's sales at $42,989,322 and $149,186,615, respectively.

Both verticals have sold, so far this year, more than $779 million in product and have filed $167 million in taxes and fees to state agencies, according to the department's data. The state saw $1.75 billion in total marijuana sales last year.

Gov. Jared Polis' administration labeled recreational and medical marijuana as an essential service to keep open during the COVID-19 pandemic.

Polis signed an executive order in March that allowed for medical professionals to issue medical marijuana cards remotely, and additionally allowed for online retail sales of marijuana products. may earn an affiliate commission if you purchase products or services through links in an article. Prices, when displayed, are accurate at the time of publication but may change over time. Commissions do not influence editorial independence.

The Kiowa County Press is an independent newspaper published in Eads, Kiowa County, Colorado, and to the world at