DENVER (AP) — Cannabis sales in Colorado set a new monthly record in May, reaching their highest level since broad legalization in 2014.
State data compiled by The Denver Post shows that dispensaries sold over $192 million worth of cannabis products that month. The figure is up about 29% from April and 32% from May 2019. Sales at both medical and recreational marijuana shops hit monthly all-time highs.
In all, the cannabis industry has sold more than $779 million in products so far this year and paid more than $167 million in taxes and fees to the state.