Colorado Cannabis Sales

Colorado's cannabis market has demonstrated a resilient trajectory despite facing some declines in recent months. In December 2024, the state recorded total cannabis sales of approximately $92.68 million, with a slight month-over-month decrease of 0.5% and a year-over-year decline of 8.3%. The average item price in December stood at $14.90, reflecting a modest increase from the previous month. This pricing stability, coupled with a diverse product range, suggests a mature market that continues to attract consistent consumer interest despite broader economic pressures.

The market's resilience is further underscored by its performance over the past 24 months. Although there have been fluctuations, with notable dips and recoveries, the overall trend shows a market adjusting to regulatory, competitive, and economic changes. The sales peaked in March 2023 at approximately $122.35 million but have since adjusted to more sustainable levels. This pattern indicates a market that is not only substantial in size but also dynamic, responding to both internal industry shifts and external economic conditions.