Sales at Colorado’s adult-use and medical dispensaries were $120.6 million in January, a 10 percent increase from the previous year. Compared to December, the industry experienced a seasonal sales decline of seven percent. Adult-use retailers enjoyed a sales increase of 17 percent from January 2017 while sales at medical dispensaries declined six percent.
In January, flower contributed 45 percent of all revenues with $55 million in sales. Flower sales declined three percent from the previous January. Pre-rolled joints, which are tracked separately from flower, generated $6.9 million in sales for January. This is a 32 percent increase from the previous year.
Concentrate sales in January grew 32 percent from the previous year. With $37 million in sales coming from concentrates, the category contributed 31 percent of revenues for the month. Vape sales were $14.6 million in January, $5 million more than in January 2017, resulting in a 52 percent increase.
Sales of edibles were nearly $18 million in January, a nine 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 16 percent from January 2017.
Retail sales volume and change from December 2017 to January 2018 (adult-use and medical channels):
|Category||January Sales||Growth from December 2017|
|• Live Resin:||$4.9M||14%|
|• Infused Foods:||$1.2M||-16%|