Colorado Marijuana Sales Hit a Record For 3rd Consecutive Month

May 12, 2015
johnhollon
News & Insights
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For the third consecutive month in 2015, recreational marijuana sales in Colorado reached record highs in March, according to new Department of Revenue data released Monday.

More than $42.7 million of recreational cannabis was sold in Colorado pot shops in March, the most recent data available from the state. Those sales totals crushed previous records set in February ($39.1 million) and January ($36.4 million) 2015.

Another record for the state’s so-called marijuana experiment: Nearly $2.6 million was raised for school construction capital in March via the excise tax on wholesale marijuana transfers. The monthly excise taxes earmarked for schools never topped $2 million in 2014, the first year of recreational pot sales in Colorado or anywhere else — but they’ve raised more than $7 million in the first three months of 2015 already. [Read more at The Cannabist at The Denver Post]

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