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More Shops = More Sales: MJ Sales Up 10% in Colorado in August | Cannabis Business Times

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More Shops = More Sales: MJ Sales Up 10% in Colorado in August

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Marijuana sales in Colorado saw a 10 percent bump in August – and industry leaders don’t expect that growth to slow anytime soon.

The sales of recreational and medical marijuana in Colorado each jumped more than 10 percent from July to August 2014, according to numbers released Thursday by the Colorado Department of Revenue.

In August, customers purchased more than $33 million in recreational cannabis – up from $29.7 million in July and $24.7 million in June. Consumers bought more than $32.2 million in medical marijuana in August – up from $28.9 million in July and $28.6 million in June.

The marijuana tax numbers are also adding up. Since Jan. 1, Colorado has brought in more than $45.2 million in taxes, licenses and fees for recreational and medical marijuana.

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