skip to Main Content
April Marijuana Sales Set Ground for a Big Summer in Colorado

Colorado marijuana sales fell from March to April, according to the state Department of Revenue, but historical data shows that 2021 is set for one big year.

Despite April 20 (4/20) being one of the largest sales days or weekends of the year since marijuana was commercialized, April tends to see a dip in transaction revenue from March, staying flat or slightly dipping every year since recreational sales began in 2014.

That remained the case this year, DOR data shows, with dispensaries pulling in a little under $1 million less in April than in March. However, April 2021’s tally of over $206.3 million is still 22 percent higher than 2020’s mark in April, and 24 percent higher than 2019’s numbers.

Marijuana sales trackers attribute the flatline to an extra day on the calendar in March, along with a dirty little secret among dispensaries: 4/20 might actually drag April’s sales total down. Although April 20 attracts a lot of customers, most of those purchases are relatively large as shoppers take advantage of bulk deals on the marijuana industry’s own version of Black Friday and St. Patrick’s Day, leading to a drop in transactions for the rest of the month. [Read more at Westword]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Recreational marijuana may be on Florida ballot; here’s why leading pot advocate isn’t happy

A leader in the Florida cannabis community fears a proposed recreational marijuana initiative may be doomed because it offers little change for consumers, but provides a bigger market for the…

Legal pot meant a second chance for thousands in Illinois — did the state keep its promise?

The mood at the Sankofa Cultural Arts and Business Center on Chicago’s west side was celebratory on June 25, 2019, as hundreds gathered to watch Illinois make history. With the…

The Recovery of Attorneys’ Fees in Cannabis Litigation

By Jihee Ahn, Attorney at Harris Bricken We got a lot of good follow-up questions last week after our webinar covering cannabis litigation in the current down market. One of them…

SF Supervisors approve moratorium on new pot shops in city

The San Francisco Board of Supervisors approved an ordinance Tuesday creating a moratorium on accepting new applications for retail cannabis licenses in the city until 2028. Existing applications will still…

More Categories

Back To Top
×Close search
Search