Immediately after a record-breaking month of sales in June, Colorado’s marijuana market topped itself by a healthful margin in July.
According to the state Division of Income, health-related and recreational pot sales combined for more than $166 million in July, up about 9 % from the prior higher note set the month ahead of. Though health-related marijuana sales have hovered about $25 to $30 million statewide per month considering the fact that 2018, recreational pot sales have elevated considerably on a month-to-month basis this year.
In April, dispensaries sold about $108 million of recreational pot items, DOR information shows by July, that quantity elevated a lot more than 20 %, to just below $136 million — a month-to-month record considering the fact that Colorado started permitting industrial marijuana sales.
These sales accounted for about $24.six million in tax income, according to DOR information.
Historical DOR information shows that we could be in for an additional record when August sales figures come in. Just about every year considering the fact that 2014 — the year recreational dispensaries opened — marijuana sales have elevated month-to-month from July to August.
Colorado Division of Income