According to Colorado state Department of Revenue data, cannabis sales in March reached $105,945,278 — up from $85,869,215 in February and $88,729,914 in January. In the first three months of 2018, cannabis sales in the state have totaled $365,686,695.
Denver County led the state in sales: the county totaled $34,757,371 in March. Arapahoe County, whose largest city is Aurora, ranked second with $9,956,392 in sales; followed by Boulder County ($7,245,363); Adams County ($6,602,994); and Larimer County ($5,839,729).
Medical cannabis sales reached $29,238,678 in March, up from $26,640,302 in February, but down slightly from the $29,263,308 in January.
Monthly sales in the state have surpassed the monthly figures from 2017, which were $92,912,147 in March; $75,665,966 in February; and $76,018,423 in January.
However, medical sales in 2017 were significantly higher than this year: $37,451,683 in March; $31,074,413 in February; and $31,712,608 in January.
Since the program’s launch in January 2014, cannabis sales in Colorado have totaled $4,859,707,381. The state applies its 2.9 percent sales tax to both medical and recreational cannabis sales along with a 15 percent tax on retail sales. Municipalities are also allowed to set their own tax rates which range from 0.01 percent to 7.25 percent.