Marijuana sales drop in Colorado after huge surge in July

Medical and retail marijuana sales fell in August for the second consecutive year, while the state's tax and fee revenue also declined, according to the Colorado Department of Revenue's September report. 

Prior to last year, marijuana sales throughout the month of August had continuously increased from the previous month since 2014, according to the report. 

Throughout the month of August, $192 million worth marijuana was sold across the Centennial State, which is a decrease of over $9.9 million or nearly 5% from July. Likewise, this August's overall sales were nearly 12% lower than in 2020, according to the report.