- The Washington Times - Tuesday, June 14, 2016

Marijuana dispensaries in Colorado sold $7.3 million worth of legal pot on April 20, shattering previous records and giving the Centennial State its best day and month ever for retail weed sales.

The millions of dollars worth of marijuana sold by state-sanctioned shops on April 20 — or 4/20, in pot-smoker parlance — amounted to a 53 percent increase over sales figures from that same date in 2015, MarketWatch reported Tuesday.

By reaping $7.3 million in sales during the course of a single day, Colorado pot shops set new records for both daily and monthly sales, the website reported. Previously, the record for most sales during a single day in Colorado occurred on Sept. 16, 2015, when a tax holiday helped shops sell $6.1 million worth of marijuana products in under 24 hours.

As a result of having its single best sales day ever on April 20, Colorado was able to claim around $117 million worth of transactions during the month of April, surpassing the previous record for monthly sales, $101 million, set back in December, according to MarketWatch.

In Washington state, meanwhile, pot shops on April 20 this year saw sales totaling $5.5 million — double the amount of marijuana sold exactly one year earlier, MarketWatch reported. Statistics cited by the financial website indicate dispensaries in Washington state had their hands full throughout the course of the 4/20 holiday, with hourly sales averaging out to around 140 percent higher than any other day during the year.

Nationally, recreational marijuana shops generated around $5.4 billion in sales during 2015, per previous reports. Sales during 2016 are expected to reach upwards of $6.7 billion, MarketWatch reported, and experts have previously suggested that annual sales could grow to $21.8 billion by the end of the decade.

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