One of the country’s biggest beverage companies is jumping into the cannabis space. This week, Molson Coors Beverage Company launched a new line of sparkling water infused with hemp-derived cannabidiol (CBD), called Verywell. The products, available exclusively in Colorado, are made and marketed under its subsidiary, Truss CBD USA, and mark the beer giant’s first […]
Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time. The post November marijuana sales push Colorado's industry to $2 billion annually for the first time appeared first on The Cannabist. This article was originally featured on thecannabist.co.
Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time. In November, dispensaries sold $175.1 million worth of products, according to figures released by the Department of Revenue on Tuesday. Recreational sales accounted for about $140.5 million, while medical sales accounted for nearly $34.7 million, the agency reported. […]
Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it. Dispensaries across the state were declared essential businesses and allowed to operate while bars, restaurants and gyms were forced to close. That designation helped sales exceed analysts’ expectations. According to Roy Bingham, co-founder and […]
Colorado dispensaries sold more marijuana in the first 10 months of 2020 than they did during a record-setting sales year in 2019. October sales totaled more than $199.7 million in October, pushing the state’s annual revenue to more than $1.8 billion, according to the Department of Revenue. By comparison, sales totaled about $1.75 billion in […]