Marijuana sales up in Colorado; concentrate sales nearly double

The amount of marijuana being consumed in Colorado continues to go up and provide a boon for the state’s coffers, but the way people are consuming it is changing.

Thursday, the Colorado Department of Revenue reported sales have exceeded $1 billion this year, with tax revenue exceeding $200 million.

The way people are ingesting marijuana is slowly changing. The report showed more people across Colorado are buying edibles and concentrate.

Daniel Martin, General Manager at Green Farms, a medicinal facility in Colorado Springs explains why someone might be leaning toward another option, “what you’re getting out of edible is longer than what you’d get from smoking cannabis or doing a dab.”

“Flower sales remain relatively consistent while edibles and concentrates continue to grow,” the Department of Revenue report said. Edible sales increased by 13.8 percent and concentrate sales nearly doubled, increasing by 94.6 percent.

A cashier at Pueblo West recreational marijuana store, Marisol Therapeutics says, “A lot of people build up a tolerance when you smoke a lot of weed so you’ve got to switch over to the wax now.”

This reflects the change dispensaries are seeing in their stores across the state. The mid-year numbers show the average price per pound of bud is going down. The current price per pound is $759, down from $846 in 2017.

At both stores, employees and owners say it’s important to keep up with changes so customers keep coming back.