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April a monster month for Colorado marijuana sales: $117 million

Colorado marijuana shops sold almost $76.6 million in recreational cannabis for April 2016

DENVER, CO - April 25, 2016: ...
DENVER, CO – April 25, 2016: A selection of indica and sativa cannabis flowers on sale at Denver Relief. The recreational and medical marijuana shop purports to be the first in the city, and the first on the “Green Mile.”
Aleta Labak of The Denver Post and The Cannabist.
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Colorado’s monthly cannabis sales have reached a new apex in the legal era with a record-setting $117 million worth of flower, edibles and concentrates sold in April.

According to data reported by the state Department of Revenue, marijuana shops sold almost $76.6 million in recreational cannabis in April, significantly eclipsing the previous high-water mark of $62.2 million, in December.

For an eye-popping comparison, recreational sales increased more than 80 percent compared with April 2015, when there were $42.4 million worth of cannabis products sold. BDS Analytics, a firm that specializes in cannabis industry data, had projected a huge month for Colorado marijuana retailers. BDS, which collects data from dispensaries’ point-of-sale systems, noted that in 2015, three of the year’s 10 most lucrative days landed on the April 20 marijuana holiday and the weekend that preceded it.

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