Colorado Medical Marijuana Sales Sink
Colorado’s legal cannabis industry experienced an unusual autumn in 2014 — one that saw recreational pot sales reach a plateau of sorts as demand for medical marijuana took a nosedive.
Medical marijuana sales in Colorado tanked in November as they dropped nearly 17 percent from the previous month, according to just-released data from the Department of Revenue.
Medical dispensaries sold $27.5 million of cannabis in November, a big downturn from October’s $33.1 million in medical revenues. Meanwhile the state’s recreational weed sales are holding strong — with $31.2 million in November and $31.6 million in both October and September.