Sales at Colorado’s adult-use and medical dispensaries were $138.1 million this past March, a 21 percent increase from February, only four percent larger than sales in March of 2017. Adult-use retailers enjoyed a sales increase of 14 percent from March 2017 while sales at medical dispensaries declined 21 percent.
In March, flower contributed 44 percent of all revenues with nearly $61 million in sales. Flower sales declined 11 percent from the previous March. Pre-rolled joints, which are tracked separately from flower, generated $7.9 million in sales for March, a 16 percent increase from the previous year.
Concentrate sales in March grew 24 percent from the previous year. With $42 million in sales coming from concentrates, the category contributed 30 percent of revenues for the month. Vape sales were $18.1 million in March, $8 million more than in the previous year, resulting in an 80 percent increase.
Sales of edibles were nearly $23 million in March, a 16 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 23 percent from March 2017.
Retail sales volume and change from prior month (February 2018) and same month prior year (March 2017) adult-use and medical channels combined:
| Category | March Sales | Growth from February 2018 | Growth from March 2017 |
|---|---|---|---|
| Flower: | $60.8M | 18% | -11% |
| Pre-Rolls: | $7.9M | 16% | 16% |
| Concentrates: | $41.8M | 21% | 24% |
| • Live Resin: | $5.3M | 28% | 49% |
| • Oils: | $2.2M | 9% | -11% |
| • Shatter: | $6.7M | 12% | -9% |
| • Vape: | $18.1M | 29% | 80% |
| • Wax: | $6.9M | 16% | -9% |
| Edibles: | $22.6M | 31% | 16% |
| • Beverages: | $1.5M | 29% | 11% |
| • Candy: | $11.5M | 34% | 23% |
| • Chocolates: | $4.5M | 30% | 18% |
| • Infused Foods: | $1.6M | 30% | -7% |
| • Pills: | $1.4M | 18% | -5% |
| • Tinctures: | $1.7M | 33% | 22% |
| Topicals: | $2.4M | 29% | 27% |
–Dawne Morris
Passion Pusher
www.proteus420.com