Colorado’s Marijuana Sales Decline For The Twelfth Month In A Row

Summer months typically represent a bump in sales, but there’s less optimism this year

Colorado’s marijuana market plunge just hit another milestone, according to data released by the state Department of Revenue, with dispensary sales falling for the twelfth month in a row.

According to the DOR’s latest monthly sales figures, Colorado dispensaries sold about $147.8 million in May, a 4.5 percent drop from April and a 24 percent decline from May of last year, when dispensaries sold over $194 million.

Through the first five months of the year, dispensaries are on pace to sell just over $1.8 billion in 2022, the lowest total for the first five months of the calendar year since 2019. Both medical and recreational marijuana sales have continued falling in 2022, DOR data shows, but medical marijuana sales have fallen particularly hard, collecting the lowest total through the first five months of the year since the department began tracking sales figures in 2014.

To Read The Rest Of This Article On Westword, Click Here

Stay up-to-date!

Get all the news and info straight into your inbox that you need to help grow your business.

Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.


Stay informed with the most up-to-date industry news to help you grow your business: subscribe to our newsletter below!

To Top