420 with CNW – Data Suggests Colorado Marijuana Users are Transitioning from Consumers to Patients
Sep 15, 2020
Six years after Colorado legalized adult recreational use of cannabis and amidst the largest health and economic crisis in a century, the state’s cannabis industry is flourishing. June saw recreational marijuana shops sell more than $155 million worth of cannabis products, a 6% increase from the $149,186,615 worth of cannabis products sold in May. July was even more profitable with the state reporting $42 million in medical marijuana revenues and $164.2 million from recreational marijuana for total monthly sales of $206.7 million.
Colorado is representative of the entire country’s cannabis industry: it was declared essential at the start of the coronavirus pandemic and has weathered the storm surprisingly well. While most industries were affected by the resultant economic crisis, cannabis has consistently broken sales records month after month, providing states much-needed tax revenue. As the coronavirus started spreading, experts predicted that the worsening economy…
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW420? Ask our Editor
CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
[email protected]
CNW420 is part of the InvestorBrandNetwork.
More News
Report: Gillingham hit four goals at Rotherham in comeback win
Gillingham fought back from a goal down to thrash Rotherham United on Saturday.
Matchday Live: Rotherham v Gillingham, Hampton v Ebbsfleet, Horsham v Maidstone
Follow this afternoon’s football, including Gillingham’s match at Rotherham, in our live blog.
Former Gillingham defender finds new club after summer exit
Former Gillingham defender Max Clark has joined a team at the lower end of the National League.
Ainsworth highlights Dack’s importance after Gillingham milestone
Bradley Dack reached 250 Gillingham appearances last weekend – and boss Gareth Ainsworth insists the midfielder remains a big part of the club.
Brophy’s two-position form creates Gillingham selection dilemma
James Brophy has given Gillingham boss Gareth Ainsworth a selection dilemma ahead of Conor McManus’ return from international duty.
Gillingham waiting on McManus fitness after Ireland outing
Gillingham will need to check on the status of defender Conor McManus before deciding whether he will travel this weekend.
Gillingham youngster’s frustrating start explained by Ainsworth
Gillingham are continuing to manage an injury that has restricted Sam Tabares’ start to life at Priestfield.
Gareth Ainsworth makes bold Gillingham claim
Manager Gareth Ainsworth believes his Gillingham team are the real deal this season.
Football fixtures and results
Catch up with all the week’s football fixtures and results here.
Gillingham’s Conor McManus scores as Ireland beat England
Gillingham defender Conor McManus scored for Republic of Ireland under-21s in a win over England.
Gillingham midfielder’s moving gesture as nephew faces huge fight
Gillingham midfielder Armani Little made his return from injury at the weekend with more than just football on his mind.
Debut delight for Ladapo as Chatham Town dump Gillingham out of cup
A sellout crowd at Chatham Town saw Gillingham’s young side well beaten in the Kent Senior Cup second-round tie.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.