If you build it (and make it legal), they will keep coming and coming….
With apologies to the Field of Dreams mantra, the title of this post was my first reaction to this news via The Cannabist headlined “Colorado pot sales spike in July, continue to set records; The latest monthly data for Colorado marijuana: more than $96 million sold in July, with recreational and medical each setting a new bar in the legal era.” Here are the basic details:
Colorado pot sales — recreational and medical — were thriving in July 2015, the most recent month for which the Department of Revenue has released marijuana tax data.
After topping $50 million for the first time in June, recreational sales cleared the $55 million hurdle in July when sales totaled more than $56.4 million — a record for retail cannabis in Colorado. Medical marijuana sales numbers in July were also at their highest in the recreational era’s 19 months of recorded data, reaching more than $39.8 million….
In total, more than $96 million of marijuana was sold in Colorado shops in July — up from $85 million in June. For context, 2014’s most robust month of recreational and medical cannabis sales was August, when those sales totaled $67 million….
“Those numbers are showing that our pot tourism is surely increasing,” said Tyler Henson, president of the Colorado Cannabis Chamber of Commerce. “People want to come here and try this out and tell their friends and family that they came to Colorado and tried some of the best cannabis the world has to offer and they had a great time.”