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Retail Cannabis Sales Jump 24% in WA; Colorado Steady

Tags: cannabis sales data, colorado marijuana sales, marijuana taxes, recreational marijuana, washington cannabis sales

Recreational cannabis sales jumped in Washington last month, while retail marijuana revenues in Colorado remained steady in October, according to the latest data from each state.

November retail marijuana sales in Washington State rose 24% from the previous month to hit $16 million, boosting excise taxes due to the state to more than $4 million, according to the liquor control board. Revenues and tax collections from recreational cannabis have risen each month since sales began in early July.

In Colorado, recreational marijuana sales totaled about $30.6 million in October, up about 1.5% from the September total. Medical sales totaled $32 million, up 2% from $31.3 million the previous month.

The state brought in $7.6 million during October in taxes, licensing fees and other charges.


http://mmjbusinessdaily.com/wa-retail-cannabis-sales-jump-24-colorado-steady/