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Ganjapreneur: Colorado Monthly Marijuana Sales Top $100 Million; Businesses Still Struggle With Cash Overflow

Ganjapreneur: Colorado Monthly Marijuana Sales Top $100 Million; Businesses Still Struggle With Cash Overflow

Sales of Colorado cannabis broke the $100 million mark in August for the first time. Recreational sales made up $59.2 million of the total, while medical sales came in at $41.4 million.

“It means that $100 million is going to licensed, taxpaying businesses, creating jobs and helping to build new schools, instead of going to cartels and drug dealers — as is the case in the 46 states that don’t regulate marijuana,” said Dan Riffle of the Marijuana Policy Project.

The only problem for business owners remains finding a place to deposit all that cash.

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