Year-over-year recreational marijuana sales down in May in Colorado
Latest figures from the Colorado Department of Revenue show another drop in recreational pot sales. The department says they saw $127 million in sales in the month of May.
That is down 19% from 2021.
The high inflation rate also impacted medical marijuana sales, which are down 44% from a year ago.
However, in the final quarter of 2021, the state reports 2021 sales were 2.2% greater than 2020. Five counties contributed to the most sales in the state: Denver, Arapahoe, Adams, Boulder and El Paso.
The state also released a new dashboard which shares updates on the market in Colorado.