Have other states caught up to Colorado?
Department of RevenueWhile March's $162.5 million in dispensary sales represented a slight bump from $145.3 million in sales in February, that total was about 22 percent less than the $207.1 million collected during March of 2021. March 2022 also marked the tenth month in a row that dispensary sales have fallen on a year-to-year basis, DOR data shows.
Both medical and recreational marijuana sales saw an increase in March over February, but those increases were relatively modest, with medical sales jumping 12 percent, to $22.9 million, and recreational sales increasing 11 percent, to just over $139.6 million. Even so, March's numbers were the third-lowest monthly total for medical marijuana sales since the DOR began tracking them in 2014.
Historical DOR data shows that dispensary sales traditionally dip in the early months and pick up during the summer, but that still might not be enough to reach 2020 and 2021's sales figures. Marijuana business owners and state economic forecasts suggest that marijuana purchasing in ColoradoThe price of marijuana has also dropped during the same span. According to the state
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