Colorado Marijuana Sales, Licenses Increase in the First Half of 2016
Kate McKee Simmons
The final numbers for 2016 will soon be released by the Colorado Department of Revenue; in the meantime, we did a deep dive into stats from the Marijuana Enforcement Division for the first six months of last year, and they reflect what we already knew: Cannabis cultivation and sales are on the rise.
Between January and June of 2016, Colorado issued 9,098 more medical licenses and 6,935 more retail licenses. In all, 16,033 licenses were added; that total covers retail and medical stores, cultivation facilities, product-manufacturing facilities and testing facilities. Retail manufacturing facilities alone rose by 15 percent from 2015.
There were nearly 4.7 million marijuana plants officially cultivated in Colorado during the first six months of 2016. Denver County accounted for at least 60 percent of that total, with 2,878,391 plants. Boulder came in second with a count of 387,310. On average, there were 225,917 more plants cultivated each month throughout the state than in the first six months of 2015.
Increases were not enjoyed across the state, however, as more jurisdictions limited the number and/or locations of licenses awarded to marijuana businesses, or banned cannabis altogether. In the first six months of 2016, 219 Colorado jurisdictions banned medical and retail marijuana outright; seventeen banned medical marijuana licenses, and nine banned retail marijuana licenses.
Flower was more popular with medical patients in the first half of last year. Medicinal sales topped 80,721 pounds between January and June. During that same time period, 73,064 pounds were sold recreationally.
Recreational users favored edibles: The retail market for edibles was nearly triple that of medical, with 1,082,932 medical sales and 3,275,341 recreational sales. With those higher numbers, the state also saw the largest jump in licenses for medical infused-product manufacturers — a 16 percent increase.
Get the Marijuana Newsletter
Stay informed of the latest marijuana news and views with updates about dispensaries, strains, products, changes to the law, and special offers in your area.