Sales at Colorado’s adult-use and medical dispensaries were $113.9 million in February, a 4.6 percent increase from the previous year. Adult-use retailers enjoyed a sales increase of 12 percent from February 2017 while sales at medical dispensaries declined 14 percent.
In February, flower contributed 45 percent of all revenues with $52 million in sales. Flower sales declined 10 percent from the previous February. Pre-rolled joints, which are tracked separately from flower, generated $6.8 million in sales for February, a 20 percent increase from the previous year.
Concentrate sales in February grew 26 percent from the previous year. With $35 million in sales coming from concentrates, the category contributed 31 percent of revenues for the month. Vape sales were $14.2 million in February, $5.6 million more than in February 2017, resulting in a 66 percent increase.
Sales of edibles were $17 million in February, an 11 percent increase from the previous year. Candy, the largest sub-category within edibles, contributed 49 percent of revenues for the edibles category. Candy sales grew 19 percent from February 2017.
Retail sales volume and change from prior month (January 2018) and same month prior year (February 2017) adult-use and medical channels combined:
| Category | February Sales | Growth from January 2018 | Growth from February 2017 |
|---|---|---|---|
| Flower: | $51.5M | -7% | -10% |
| Pre-Rolls: | $6.8M | -3% | 20% |
| Concentrates: | $34.8M | -5% | 26% |
| • Live Resin: | $4.1M | -17% | 41% |
| • Oils: | $2.1M | 1% | 7% |
| • Shatter: | $6.1M | -14% | Flat |
| • Vape: | $14.2M | Flat | 66% |
| • Wax: | $6M | -6% | 4% |
| Edibles: | $17.1M | -2% | 11% |
| • Beverages: | $1.2M | -2% | 16% |
| • Candy: | $8.4M | -2% | 19% |
| • Chocolates: | $3.5M | -2% | 8% |
| • Infused Foods: | $1.2M | -5% | -13% |
| • Pills: | $1.2M | -8% | 7% |
| • Tinctures: | $1.3M | 1% | 14% |
| Topicals: | $1.9M | 2% | 27% |
–Dawne Morris
Passion Pusher
www.proteus420.com