Marijuana Business Magazine - April 2017 - page 11

CANNABUS¬NESS BY THE NUMBERS
R
etail sales of recreational marijuana in Colorado and Washington state – the nation’s first
adult-use markets – continued to surge last year, hitting a combined $1.6 billion. The two states
launched their rec programs in 2014 and have seen strong growth ever since, showing the
potential of the adult-use industry.
Here are some figures that illustrate the size and growth of the recreational industries in Colorado
and Washington last year:
Recreational Marijuana
Sales in Washington & Colorado
Source: Colorado Department of Revenue, Washington State Liquor and Cannabis Board
Licensed
recreational
marijuana
stores in
Colorado (as of
February 2017)
$58M
470
Increase in rec
cannabis sales
in Colorado
over 2015
49%
95%
Increase in rec
cannabis sales
in Washington
over 2015
Recreational
cannabis sales
in Colorado
in 2016
$875M
Recreational
cannabis sales
in Washington
in 2016
$73M
463
Average
monthly rec
cannabis sales
in Washington
in 2016
Licensed
recreational
marijuana stores
in Washington
(as of February
2017)
$696M
Average
monthly rec
cannabis sales
in Colorado
in 2016
April 2017 • Marijuana Business Magazine •
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