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Colorado Sales Statistics December 2018

December 2017 Overview:

Sales at Colorado’s adult-use and medical dispensaries were more than $130 million in December, a 10 percent increase from the previous year. December’s take moved total sales for 2017 to more than $1.5 billion, a 15 percent increase from 2016. Adult-use sales of $98 million for December grew 17 percent from the previous year, while sales at medical dispensaries declined eight percent to $32 million. Compared to November, the industry experienced a seasonal sales increase of seven percent.

In December, flower contributed 46 percent of all revenues with $60 million in sales. Flower sales declined nine percent from the previous year. Pre-rolled joints, which are tracked separately from flower, generated $7.7 million in sales for December. This is a 37 percent increase from the previous year.

Concentrate sales in December grew 47 percent from the previous year. With $39 million in sales coming from concentrates, the category contributed 30 percent of revenues for the month. Vape sales were $15.8 million in December, $6.4 million more than in December 2016, resulting in a 69 percent increase.

Sales of edibles were $20 million in December, a 13 percent increase from December 2016. Candy, the largest sub-category within edibles, generated $9.6 million in sales in December, a 16 percent increase over the previous year. Chocolates, the next largest sub-category, grew a more modest 10 percent from December 2016.

Retail sales volume and change from December 2016 to November 2017 (adult-use and medical channels):

Category November Sales Growth from October 2017 Growth from November 2016
Flower: $59.7M 3% -9%
Pre-Rolls: $7.7M 19% 37%
Concentrates: $38.7M 9% 47%
• Live Resin: $4.2M 6% 113%
• Oils: $2.4M -2% 26%
• Shatter: $6.9M 4% 24%
• Vape: $15.8M 16% 69%
• Wax: $6.9M 4% 30%
Edibles: $19.8M 10% 13%
• Beverages: $1.3M 9% 19%
• Candy: $9.6M 10% 16%
• Chocolates: $4.2M 19% 10%
• Infused Foods: $1.4M 8% Flat
• Pills: $1.5M 2% 23%
• Tinctures: $1.5M 5% 15%
Topicals: $2.2M 19% 25%

Dawne Morris
Passion Pusher
www.proteus420.com

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