June marks the first month in Colorado history that recreational marijuana shops sold more than $150 million worth of products as cannabis consumption during the COVID-19 pandemic continues to set industry records.
Recreational marijuana consumers spent $158,102,628 at Colorado shops in June, according to data from the Department of Revenue’s Marijuana Enforcement Division. It’s a 6% increase of the previous single-month recreational sales record of $149,186,615 that was set in May, state data shows.
Last June, rec shops sold roughly $122.4 million in products. Before this year, monthly recreational sales had only eclipsed $140 million one time, in August 2019, state data shows. That month, dispensaries combined to sell $173,219,859 worth of products.
Medical marijuana sales took a step back in June. After setting a new record with $42,989,322 in sales in May, medical dispensaries sold $40,770,582 worth of products in the month, according to the MED’s monthly sales report.
Still, the industry comfortably set a new record for total business volume.
Combined, recreational and medical dispensaries sold $198,873,210 worth of products in June, up 3.5% over May’s previous record sales total of $192,175,937, state data shows. [Read more at The Denver Post]