April 2018 Overview:
Sales at Colorado’s adult-use and medical dispensaries were $126.9 million this past April, an 8 percent decrease from March, but equivalent to the sales in April of 2017. Adult-use retailers enjoyed a sales increase of 13 percent from April 2017 while sales at medical dispensaries declined 28 percent.
In April, flower contributed 45 percent of all revenues with $56.5 million in sales. Flower sales declined 15 percent from the previous April. Pre-rolled joints, which are tracked separately from flower, generated $8 million in sales for April, a 23 percent increase from the previous year.
Concentrate sales in April grew 19 percent from the previous year. With $38.3 million in sales coming from concentrates, the category contributed 30 percent of revenues for the month. Vape sales were nearly $16 million in April, $6 million more than in the previous year, resulting in a 61 percent increase.
Sales of edibles were $19.6 million in April, a 14 percent increase from the previous year. Candy, the largest sub-category within edibles, contributed 51 percent of revenues for the edibles category. Candy sales grew 20 percent from April 2017.
Retail sales volume and change from prior month (March 2018) and same month prior year (April 2017) adult-use and medical channels combined:
| Category | April Sales | Growth from March 2018 | Growth from April 2017 |
|---|---|---|---|
| Flower: | $56.5M | -7% | -15% |
| Pre-Rolls: | $8M | 1% | 23% |
| Concentrates: | $38.3M | -9% | 19% |
| • Live Resin: | $5.4M | 2% | 50% |
| • Oils: | $2M | -10% | -11% |
| • Shatter: | $6.1M | -12% | -20% |
| • Vape: | $15.9M | -12% | 61% |
| • Wax: | $6.6M | -4% | flat |
| Edibles: | $19.6M | -13% | 14% |
| • Beverages: | $1.4M | -8% | 11% |
| • Candy: | $10M | -13% | 20% |
| • Chocolates: | $3.8M | -16% | 13% |
| • Infused Foods: | $1.3M | -14% | -9% |
| • Pills: | $1.3M | -11% | flat |
| • Tinctures: | $1.6M | -6% | 28% |
| Topicals: | $2M | -15% | 25% |
–Dawne Morris
Passion Pusher
www.proteus420.com
