Colorado’s Legal Cannabis Market Grows Stronger

investmentu.com - 08-12

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Colorado sold nearly twice as much recreational marijuana as it did medical cannabis last year. Data from the Colorado Department of Revenue shows that in 2017, the state sold 172,994 pounds of medical cannabis flower and 238,149 pounds of recreational flower. In 2018, it sold 147,863 pounds of medical and 288,292 pounds of recreational. Since 2014, when the state’s first retail stores opened, the number of pounds of recreational cannabis sold to consumers has increased by 646%.