Colorado raking in record marijuana money again in 2019, but in era of "stabilization" industry leaders look to impact of new legislation - Grow Life 420

Colorado raking in record marijuana money again in 2019, but in era of "stabilization" industry leaders look to impact of new legislation

May 22, 2019

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It’s become a predictable pattern in the era of legal recreational pot in Colorado. Every year, the state sets a record for marijuana sales then, 12 months later — poof — it goes up in smoke and another record is set.

It should come as no surprise then that after seeing a record $1.55 billion in sales in 2018, Colorado is on a record-setting pace in 2019.

Through the first three months of the year, combined recreational and medical cannabis sales have totaled a little less than $387 million, more than $21 million ahead of the end of March 2018, with the busy summer sales months ahead. March itself set a record for sales in a single month at more than $142 million. It beat out the previous mark of more than $141 million set in August.

Read the rest of this story on DenverPost.com.





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