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Industry

Cannabis Sales Already Breaking Records In The First Few Months Of 2017

Even so early in the new year, cannabis sales are breaking records in Colorado, which could mean more growth for the industry.

Apr 30, 2017 - Todd Farmington

Even so early in the new year, cannabis sales are breaking records in Colorado, which could mean more growth for the industry.

Cannabis sales are breaking records in 2017

WATCH: Cannabis sales breaking records in the first few months of 2017

The weed business continues to thrive, that’s for sure, especially in Colorado. In just the first few months of this year, sales are already breaking records.

The sales records just haven’t been broken, either, but broken by a staggering 30 percent, no less, which is nothing but good news for the industry.

The managers of dispensaries in Colorado are saying they are seeing more and more people through their doors, so it’s not just the same people buying more, but more people buying, well, more. That seems to the trend throughout all the dispensaries, too.

Darla Harris, the manager of The Green House, reckons she’s seen more people visiting and had far more phone calls. And while it is still a fledgling industry, that doesn’t take away the fact that this is the most lucrative years for sale, ever.

When you compare the numbers from January and February of 2016, which had sales of $181.2 million, to the same in 2017, there is a 30 percent growth, making for a total of $235 million dollars for the first two months of this year.

Just what does that mean? It means more money to put back into the community and out of the hands of gangs, of course, but it also means that there are fewers people afraid and far more eager to try.

It comes at a time when the price of weed is historically lower, too, which means people are able to purchase more.

That amount of sales means more taxes have been paid, which should get more people behind the industry and if things continue this way, the nationwide legalization of cannabis.

It will be interesting to see how cannabis sales continue for the rest of the year,


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