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Colorado Sales Statistics November 2017

November 2017 Overview:

Sales at Colorado’s adult-use and medical dispensaries were nearly $122 million in November, a 10 percent increase from the previous year. Adult-use sales of nearly $89.7 million for the month grew 18 percent from the previous year, while sales at medical dispensaries declined eight percent to $31.9 million. Compared to October, the industry experienced a seasonal sales decline of six percent.

In November, flower contributed 47 percent of all revenues with $57.4 million in sales. Flower sales declined eight percent from the previous year. Pre-rolled joints, which are tracked separately from flower, generated $6.8 million in sales for November. This is a 29 percent increase from the previous year.

Concentrate sales in November grew 45 percent from the previous year. With $35.5 million in sales coming from concentrates, the category contributed 29 percent of revenues for the month. Vape sales were $13.5 million in November, $6.4 million more than in November 2016, an 89 percent increase. Though Live Resin is one of the smaller subcategories within concentrates, it is growing quickly. With $3.8 million in sales this November, the category has grown 105 percent year-over-year.

Sales of edibles were $18.1 million in November, a 22 percent increase from November 2016. Candy, the largest sub-category within edibles, generated $8.9 million in sales in November, a 30 percent increase over the previous year. Chocolates, the next largest super-class in the edibles category, grew a more modest 12 percent from November 2016.

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

|| Category || November Sales || Growth from October 2017 || Growth from November 2016 |||
|—|---|—|---|—|
|| Flower: || $57.4M || -8% || -8% |||
|| Pre-Rolls: || $6.8M || -9% || 29% |||
|| Concentrates: || $35.5M || -3% || 45% |||
|| • Live Resin: || $3.8M || 1% || 105% |||
|| • Oils: || $2.5M || -9% || 16% |||
|| • Shatter: || $6.7M || -2% || 12% |||
|| • Vape: || $13.5M || Flat || 89% |||
|| • Wax: || $6.8M || Flat || 33% |||
|| Edibles: || $18.1M || -6% || 22% |||
|| • Beverages: || $1.2M || Flat || 31% |||
|| • Candy: || $8.9M || -8% || 30% |||
|| • Chocolates: || $3.7M || -3% || 12% |||
|| • Infused Foods: || $1.3M || -10% || -5% |||
|| • Pills: || $1.4M || -7% || 29% |||
|| • Tinctures: || $1.4M || -5% || 29% |||
|| Topicals: || $1.8M || -7% || 19% |||

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