Chalk up another milestone month for Colorado cannabis sales.
The $127.7 million worth of flower, edibles and concentrates purchased in May from the state’s marijuana shops didn’t set a record for monthly sales, though. That honor still goes to March of this year, when sales totaled $131.7 million, according to The Cannabist’s extrapolations of Colorado marijuana tax data.
May’s benchmark, rather, is one of consistency.
It marked the 12th consecutive month that Colorado marijuana sales topped $100 million.
“I think that $100 million a month (in sales) are the new norm,” said Bethany Gomez, director of research for Brightfield Group, a market research firm focused on the cannabis industry.
Read more at the cannabist.co.