Watch CBS News

Cannabis Sales In Colorado Down From March 2021

(CBS4) -- The Colorado Department of Revenue says cannabis sales are down from last year.

MARIJUANA SOCIAL EQUITY 6PKG.transfer_frame_721
(credit: CBS)

The state recorded $162 million in sales in March. That includes recreational and medical marijuana.

In March 2021, total sales were $207 million.

Factors for the decline may be associated with increasing taxes and regulations for cannabis business owners.

View CBS News In
CBS News App Open
Chrome Safari Continue