Denver marijuana sales reach record high of $587 million, sales across Country continue to rise

Denver marijuana sales reach record high of $587 million, sales across Country continue to rise

Denver dispensaries sold more than $587 million in bud in 2017 even as sales in stores in different areas of the country continue to grow.

Retail sales totaled $377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday.  The city’s earnings from all marijuana sales in 2017 climbed to $44 million, a 20 percent increase from the prior year.

Denver uses the money to pay for regulation of the marijuana industry, enforcement of its laws and drug education. Additionally, it helps pays for maintenance, affordable housing and opioid intervention.

Read the rest of this story on DenverPost.com.

Released at Thu, 09 Aug 2018 17:29:55 +0000

Posted in: News

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