Recreational Pot Outsells Medical Pot in Colorado

The Associated Press reported that tax records released on Wednesday show that Colorado is now selling more recreational marijuana than medical marijuana.

As quoted in the market news:

The state sold $29.7 million worth of recreational marijuana in July, the most recent data available. That was slightly higher than the $28.9 million worth of medical marijuana sold in the same month, records from the state Department of Revenue said.

The change came despite Colorado having more than double the number of medical marijuana dispensaries than recreational pot shops, which opened in January to everyone 21 and older. The state has some 500 medical shops, and less than 200 shops open to all adults.

Click here to read the full report from The Associated Press.