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Marijuana: $24.7 Million in Recreational Pot, Edibles and Concentrates Sold in June

Categories: Marijuana

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What better way to celebrate the coming of summer in Colorado than with weed?

That seems to have been the case in Colorado this past June, when tourists and locals purchased more than $24.7 million in recreational marijuana, concentrates and pot-infused food.



See also: Anti-Pot "Don't Be a Lab Rat" Campaign Uses Disputed Facts That Might Be True

Recreational marijuana sales have been slowly climbing month to month in this state, according to recent figures released by the Colorado Department of Revenue; June saw the highest sales yet. Meanwhile, medical marijuana figures are starting to show a slow decline, though they still outpaced recreational marijuana sales by approximately 18 percent. In June, about $28.65 million worth of medical cannabis was sold.



From sales of both medical and recreational pot, the state saw about $1.53 million in combined sales tax -- down slightly from $1.56 million in May and $1.55 million in April. That's partly because medical cannabis sales having dropped more than $6.5 million since February. Medical marijuana patient number totals are only available through April, when there were 116,180 active red cards. Patient numbers had been rising slightly over the first quarter of the year.



While medical sales dropped slightly in June, recreational sales were over $2 million higher than in April, until then the strongest month for sales to date, probably because of the 4/20 festivities and related tourism. Recreational sales are subject to a 10 percent special sales tax, and all wholesale transactions between dispensaries or between cultivation facilities and a dispensary are taxed at 15 percent. Combined, those two special taxes brought in $3.4 million, with $963,637 of that going directly to the state's public-school capital construction assistance fund.



Denver was home to the majority of June's recreational sales, with $12.6 million worth of pot sold; that also accounts for about 40 percent of all state marijuana tax revenue for the month. Boulder County saw the second-highest sales, with $2.65 million. Pueblo County came in third, with $1.75 million in recreational pot.

 Washington County, which began sales last month, sold just $3.8 million of legal cannabis in July through a limited number of dispensaries. By comparison, Colorado recreational pot sales in January, the first month such sales were legal, was more than $14 million. As of July 1, Colorado has seen more than $117 million in total recreational pot sales since the program began. State officials say combined medical and recreational usage in Colorado in 2014 will likely be around 130 metric tons, or the weight of a small diesel locomotive.

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104 comments
Anthony Atencio
Anthony Atencio

I think there is a Hugh difference with the quality at most places, where medical is way better!

Anthony Atencio
Anthony Atencio

I got a spot in boulder I can get a quarter of flame for 35$ to 40$ with taxes it comes out to like 43$ ...lol...thats with a red card though...plus they will even split it up exactly how I want it ,without any problems

Ashley Kittrell
Ashley Kittrell

not to mention the line way wayyyyy longer at green solutions. mind boggling.

Ashley Kittrell
Ashley Kittrell

you can get it for cheaper than that. you just have to go to the right place. i went to Green Solutions on Alameda the other day. The cheapest they could sell me was $41 before taxes. So I went back to my usual spot, Next Harvest, (which you can actually see from green solutions) to get an eighth for $25. still great bud. i don't know how green solutions stays in business

Brett Schell
Brett Schell

This is what makes me so mad - pot smokers bitched for decades about legalizing. Now, they got it! But you always have to share with Uncle Sam, so it's being taxed. So what! Pay a little extra in exchange for being able to smoke as you please without being arrested. I'd say that's a fair compromise. Cigarette smokers have been dealing with ridiculous taxes for years but you never see anyone go to the "black market" for a pack of those. It's just something you have to deal with. ^ Maury, It's legal outside of business, too. The issue is that it's being taxed, aka used as a revenue generator.

Richard Daugherty
Richard Daugherty

yes for sure. They killed the rec sales when they put on 20%. Most folks i know get it via medicinal route or black market. Its still money out of people's pockets

Michael Hartman
Michael Hartman

The ones you know follow them. Also, they are designed to be addictive, and thus people are more willing to pay exorbitant fees. Ultimately the cannabis law is flawed and although I think it's great that we're no longer throwing non-violent users in prison, the tax rate is ridiculous and the people settled for less than they should have. Uncle Sam and Uncle Colorado have PLENTY of revenue, they just haven't learned to use it responsibly. That doesn't mean they need more money, it means they need more direction, like an entitled teenager. In the meantime, the black market thrives and provides better quality and lower prices, as usual, for nearly everything but health care. That's why the drug war is an epic fail- you won't stop people from experimenting with their own bodies. Best to offer help than to pretend you can just regulate it away. These are my observations at least.

Maury Wooldridge
Maury Wooldridge

But I've never met anyone who uses it, because we are in Colorado and that's what we're talking about. Cigarette smokers play by the rules and have had lots of different laws and such placed on them. They follow them, that's all I'm saying.

Michael Hartman
Michael Hartman

A) cigarettes have zero benefits, b) there is most definitely a black market for cigarettes in places like New York. Also, Uncle Sam says it's illegal, so Uncle Sam deserves Nathan.

Michael Hartman
Michael Hartman

And Chris those statistics you just retrieved from your ass are about as worthwhile as anything else you'll find while you're there.

Michael Hartman
Michael Hartman

Stan, there is no government solution to a black market except to get out of the way. Capping prices will degrade quality for legal sales.

Greg Jabuki DeRuckus
Greg Jabuki DeRuckus

don't really care about thc sales. the problem with excessive taxes is it still maintains a black market.

Lynn Stiles
Lynn Stiles

We should buy the roads and charge all the non smokers who drive on them. What hipsters don't realize is the power of the dollar, collectively. What would happen if we didn't buy pot but collectively bought something else. We pot smokers are keeping this economy afloat. That and the fracking workers paychecks that get taxed. Look at the road money we would have if we charced the fracking companies taxes. After all they are driving all that machinery all over the frickin ROADS!

Steve Holmberg
Steve Holmberg

Outrageously high taxes lead to an outrageous price out the door, leading to decreased sales, leading dispensaries to seek out less expensive hen, lagging to dispensaries seeking sub-par herb for FAR too much money. Who, besides a tourist, would be dumb enough to buy from a retail dispensary when there is better herb on the black market for less money?! Simple economics could have predicted this.

Jennifer Carpentier Van Zutphen
Jennifer Carpentier Van Zutphen

A stoner is going to buy it no matter what it costs... I bought a $13 drink at a concert... Cos I wanted a drink. & Im not even a drunk!

Christopher D. Ortiz
Christopher D. Ortiz

right on Stan especially when the product is picked early or poorly grown.

Christopher D. Ortiz
Christopher D. Ortiz

Hey David 95% of Colorado Stoners are too lazy to grow but 50% of them will have no shame in burglary for buds. makes no sense with it legal but that's the truth Poverty is growing and crime is still here.

Chinky Sanchez
Chinky Sanchez

Yup cos real pot heads like myself aren't going to pot shops paying those ridiculous tax prices.

Jay Cismaru
Jay Cismaru

The taxes definitely too high you cannot cross the black market until recreational has a reasonable

Jann Scott Live
Jann Scott Live

Fuck pot sales. Tax the shit out of these bastards for ruining our state and making kids sick and turning everyone into addicts. Call in the DEA and bust all the stores and arrest every official who brought this shit into our lives. I LIKED IT BETTER when there was an underground pot sales network. very cottage..... untaxed and there was not so much dope on our streets.. or legalize it all. Pot, Heroin, coke, pills... tax the shit out of it, regulate its sales to government stores, make addicts register and end the bull shit . #stangarnett

Maury Wooldridge
Maury Wooldridge

This is what makes me so mad - pot smokers bitched for decades about legalizing. Now, they got it! But you always have to share with Uncle Sam, so it's being taxed. So what! Pay a little extra in exchange for being able to smoke as you please without being arrested. I'd say that's a fair compromise. Cigarette smokers have been dealing with ridiculous taxes for years but you never see anyone go to the "black market" for a pack of those. It's just something you have to deal with.

Andrea Marsh
Andrea Marsh

I'm so glad I have my guy. 50 bucks a quarter and best marijane I've ever had. The dispensaries weed is garbage compared to his. If they want me to pay 75 for an 8th that weed better massage my temples.

David Murphy
David Murphy

Colorado residents should be growing their own. Its ridiculous not to.

Ruby Santistevan
Ruby Santistevan

YES -it doesn't take a genius to figure out why tax revenue was so much lower than expected. Give the people what they voted for and stop looking for ways to bring down the industry. Ignorance is the cause of lost dollars, and people will continue to use the black market to stick it to the Man. Now, that is turning the table on the govt...Haha

Bob Dobbs
Bob Dobbs

Between taxes, business banking restrictions and rat cages, the Colorado legislators are attempting to cause the industry to fail. They will not be successful in thwarting the Will of The People.

Becca Mertens
Becca Mertens

I can't afford dispensary prices!! When I can buy an 8th from my buddy for $30 why would I pay $100 at the dispensary? I love that its legal and this is what I signed up for but I didn't realize how expensive it would be!

Brett Schell
Brett Schell

^ Stan, The money should come from the revenue the state already collects.

Brett Schell
Brett Schell

Are you serious so where do you want the money to come from do tell as this is the only tax stream in Colorado that could pay for this. ^ I don't buy my weed with the intent to fund something completely unrelated. I don't even know how society has come so far (away from voluntary funding). This "marijuana tax" is nothing but a fundraiser. Colorado needs to rebudget, cut stuff. You know, the old fashioned way of making things work.

Eric Frees
Eric Frees

I haven't even been to a dispensary yet. I get tipped buds ALL THE TIME

Bradley Stevens
Bradley Stevens

The rec is too damn high. Tax and price. Motorcycle cops riding BMW road bikes.. Weed.

DonkeyHotay
DonkeyHotay topcommenter

Lazy fucktards like you too stupid to grow your own bud, and too much of a douchebag to know any private caregivers / growers.

DonkeyHotay
DonkeyHotay topcommenter

Why don't YOU pay the extra, for everyone, bitch?

Hot.Sauce
Hot.Sauce

The base prices are outrageous because the dispensaries are greedy pigs.

DonkeyHotay
DonkeyHotay

I like to insult people who post on facebook because I know they can't see and retaliate!

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