{"id":7983,"date":"2018-01-11T02:34:20","date_gmt":"2018-01-11T02:34:20","guid":{"rendered":"https:\/\/www.denverpost.com?p=2915876&amp;preview_id=2915876"},"modified":"2018-01-11T02:34:20","modified_gmt":"2018-01-11T02:34:20","slug":"colorado-marijuana-shops-ring-up-nearly-120-million-in-sales-in-november","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/colorado-marijuana-shops-ring-up-nearly-120-million-in-sales-in-november\/","title":{"rendered":"Colorado marijuana shops ring up nearly $120 million in sales in November"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/colorado-marijuana-shops-ring-up-nearly-120-million-in-sales-in-november\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><div class=\"media_block\"><\/div>\n<div class=\"row\">\n<div class=\"large-10 large-centered small-12 columns\">\n<div class=\"entry-meta-date\">Published: Jan 10, 2018, 5:52 pm \u2022 Updated: Jan 10, 2018, 5:55 pm<span class=\"single-comments-link\" \/><\/div>\n<p class=\"byline\">By <span class=\"author\"><a class=\"url fn n\" href=\"http:\/\/www.thecannabist.co\/author\/awallace\/\" rel=\"author\">Alicia Wallace<\/a><\/span><em>, The Cannabist Staff<\/em><\/p>\n<p>The pace of Colorado marijuana sales in November continued to ease from a breakneck sprint to a brisk walk. <\/p>\n<p>Marijuana shops sold $119.6 million of recreational and medical cannabis \u2014 flower, edibles and concentrate \u2014 last November, a 9.5 percent increase from November 2016, according to data released Wednesday by the Colorado Department of Revenue.<\/p>\n<p>November\u2019s monthly sales, which consisted of $87.7 million of recreational product, included the third-lowest monthly total for medical marijuana sales in 2017, of $31.9 million<\/p>\n<p>Eleven months through 2017, sales climbed to $1.38 billion, surpassing the $1.31 billion recorded in the entirety of 2016. Through November, the annual sales growth rate continued to narrow, dropping to just under 16 percent.<\/p>\n<p>Growth rates have continued to drop since the spring of 2017.<\/p>\n<p>The November sales data released Wednesday was the first new monthly sales report released since the state <a href=\"http:\/\/www.thecannabist.co\/2017\/12\/12\/colorado-marijuana-sales-data-calculation\/94514\/\">announced Dec. 12 that it would publish official sales data<\/a> for the marijuana industry.<\/p>\n<p>Previously, The Cannabist \u2014 in an effort to provide comprehensive coverage of Colorado\u2019s first-of-its-kind legal adult-use cannabis regime \u2014 developed formulas verified by state officials and economists to tabulate monthly sales estimates from the monthly reports of marijuana tax collections.<\/p>\n<hr \/>\n<hr \/>\n<div id=\"title\">Sales stats for Colorado weed<\/div>\n<div id=\"subtitle\">A month-by-month look comparing sales of recreational and medical marijuana, as calculated by The Cannabist:<\/div>\n<div id=\"canvas-container\">\n<div id=\"legend-container\">\n<div id=\"recreational\">2017 Recreational total (10 months)<br \/>$921,554,385<\/div>\n<div id=\"medical\">2017 Medical total (10 months)<br \/>$361,661,270<\/div>\n<div id=\"revenue-total\">2017 (10 months): $1,283,215,655<\/div>\n<div id=\"recreational\">2016 Recreational total (12 months)<br \/>$861,587,411<\/div>\n<div id=\"medical\">2016 Medical total (12 months)<br \/>$445,616,062<\/div>\n<div id=\"revenue-total\">2016 total: $1,307,203,473<\/div>\n<\/p><\/div>\n<\/div>\n<p \/>\n<hr \/>\n<hr \/>\n<hr \/>\n<div class=\"entry-meta-author\">\n<div class=\"authorimage\"><a class=\"url fn n\" href=\"http:\/\/www.thecannabist.co\/author\/awallace\/\" rel=\"author\"><img src=\"https:\/\/cannitrol.com\/blog\/\/wp-content\/uploads\/2018\/01\/colorado-marijuana-shops-ring-up-nearly-120-million-in-sales-in-november.jpg\" class=\"authormug\" \/><\/a><\/div>\n<p class=\"author-desc\">Alicia Wallace joined The Cannabist in July 2016, covering national marijuana policy and business. In her 14 years as a business news reporter, her coverage has spanned topics such as the economy, natural foods, airlines, biotech, retail,&#8230;<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- .row --> <\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"media_block\"><\/div>\n<p>Eleven months through 2017, sales climbed to $1.38 billion, surpassing the $1.31 billion recorded in the entirety of 2016. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5062,52,1867,6811,6813,77,5577,6815,5667,6858,56,9,5019,6845,1,3,61,1736],"tags":[5063,2632,4435,6816,6818,2655,5580,6820,5673,6860,2636,5022,6846],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/7983"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=7983"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/7983\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=7983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=7983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=7983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}