Is Colorado's Cannabis Market Back On Track? A 5% Sales Boost Says Yes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
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Should l Buy ?
Source: Benzinga
Colorado Cannabis Sales: In Colorado, cannabis sales reached $122 million in August, showing a 5% increase in quarter-to-date sales compared to earlier months, despite an overall year-over-year decline in revenue per dispensary.
Connecticut Cannabis Sales: Connecticut's cannabis sales totaled $23.4 million in September, reflecting a 9% month-over-month decrease and a 7% drop from the previous year, with average revenue per dispensary also declining significantly.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
