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Colorado marijuana sales in February hit a four-year low of $124.8 million

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Colorado to sell medical and recreational marijuana It achieved sales of $124.8 million In February, down about 3.5% from January and 14% year over year.

The monthly total is the seventh decline in the past eight months and the lowest in four years, according to data from the Colorado Department of Revenue.


During the first two months of the year, marijuana sales totaled $254.2 million, down 14% from the same period last year.

Colorado totaled $109.4 million in adult use sales in February and $15.4 million in medical cannabis transactions.

In January, those totals were $113.2 million and $16.2 million, respectively.


Latest Colorado underline snapshot The tail end of a decade-long boom In the country’s most mature marijuana market for adult use, which has witnessed Wholesale prices fall for most of 2022.

MJBizDaily Reported in february that retailers in colorado It generated approximately $1.8 billion In total 2022

Read the full article at Marijuana Business Daily

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