{"id":9295,"date":"2020-11-12T20:28:43","date_gmt":"2020-11-12T20:28:43","guid":{"rendered":"https:\/\/www.denverpost.com\/?p=4346741"},"modified":"2020-11-12T20:28:43","modified_gmt":"2020-11-12T20:28:43","slug":"colorado-weed-sales-set-to-crush-annual-record-with-another-200-million-month-in-september","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/colorado-weed-sales-set-to-crush-annual-record-with-another-200-million-month-in-september\/","title":{"rendered":"Colorado weed sales set to crush annual record, with another $200 million month in September"},"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-weed-sales-set-to-crush-annual-record-with-another-200-million-month-in-september\/\" 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><img src=\"https:\/\/cannitrol.com\/blog\/\/wp-content\/uploads\/2020\/11\/colorado-weed-sales-set-to-crush-annual-record-with-another-200-million-month-in-september.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p><a href=\"https:\/\/www.denverpost.com\/2020\/11\/12\/marijuana-sales-colorado-september\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+dp-news-marijuana+%28Denver+Post%3A+News%3A+Marijuana%29&amp;utm_content=Google+UK#comments-anchor\"><span class=\"spot-im-replies-count\" data-post-id=\"4346741\" \/><\/a><\/p>\n<p>Weed enthusiasts purchased more than $206.4 million worth of Colorado-made marijuana products in September, as sales from a record-breaking year moderately cooled off.<\/p>\n<p>Recreational dispensaries sold $166,547,119 during the month, while medical dispensaries sold $39,941,149 for a combined $206,488,268 in revenue, according to <a href=\"https:\/\/drive.google.com\/file\/d\/1nNXXH5UdAcigMMO2Kdil1oJy8n0w-VY1\/view\" target=\"_blank\" rel=\"noopener noreferrer\">data<\/a> from the Colorado Department of Revenue.<\/p>\n<p>Sales <a href=\"https:\/\/www.denverpost.com\/2020\/10\/12\/marijuana-sales-colorado-august-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">decreased 5.5% compared to August<\/a>, but are up 33% compared to September 2019 as marijuana experiences a banner year for sales despite the coronavirus pandemic.<\/p>\n<p>Colorado raked in <a href=\"https:\/\/drive.google.com\/file\/d\/1Hwggxi4FloyL-ylG2-aKn5OY5XcDulzP\/view\" target=\"_blank\" rel=\"noopener noreferrer\">$38.6 million in taxes and fees<\/a> from cannabis sales in September.<\/p>\n<p>Sales hit an <a href=\"https:\/\/www.denverpost.com\/2020\/09\/15\/marijuana-sales-record-200-million\/\">all-time monthly high<\/a> in July at $226 million. So far in 2020, consumers have spent more than $1.63 billion on smokable cannabis flower, concentrates, edibles and other products \u2014 approaching the previous <a href=\"https:\/\/www.denverpost.com\/2020\/02\/18\/colorado-marijuana-sales-2019\/\">annual record of $1.75 billion set in 2019<\/a>.<\/p>\n<p>Part of what\u2019s driving sales is a change in buyer behavior. Since the pandemic began, marijuana consumers have become accustomed to shopping less frequently, but purchasing more when they do decide to hit a dispensary. According to Headset, which tracks cannabis sales trends around the country, the average basket size in Colorado was about $60 per person in September, up 25% from about $48 in January.<\/p>\n<aside class=\"related right\" \/>\n<p>\u201cWhat\u2019s really interesting is the trends in average basket size and total transaction volume that have contributed to this growth,\u201d said Cooper Ashley, data analyst at Headset. \u201cWith the assumption that customers are making larger, but fewer cannabis shopping trips, we would then expect to see a drop in the total transaction volume, which we did see, but only in April.<\/p>\n<p>\u201cWhile there has been a slight decrease in average basket size as we move into autumn, baskets are still much larger than they were this time last year, indicating that this trend may be a \u2018new normal,\u2019\u201d Ashley said.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"media_block\"><\/div>\n<p>Weed enthusiasts purchased more than $206.4 million worth of Colorado-made marijuana products in September, as sales from a record-breaking year moderately cooled off. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5062,6811,6813,77,5577,6815,2437,6858,9,5019,6845,1,3,61,1736],"tags":[5063,6816,6818,2655,5580,6820,2443,6860,5022,6846],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/9295"}],"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=9295"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/9295\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=9295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=9295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=9295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}