Declining marijuana industry sales in Colorado hit seven-year low in 2024

By Thomas Mitchell | Westword

Colorado’s legal marijuana market continued sliding in 2024, hitting a seven-year low in annual dispensary sales.

According to monthly reports from the state Marijuana Enforcement Division, Colorado dispensaries brought in just over $1.28 billion in sales through the first eleven months of 2024, with around $109 million of that sold in November. Unless pot shops raked in over $200 million in December, in 2024 Colorado won’t break $1.5 billion in annual marijuana sales for the first time since 2016.

Based on state marijuana tax revenue numbers, dispensaries didn’t sell enough pot to last month to keep that streak going.

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