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Despite falling cannabis prices and other U.S. states legalizing recreational marijuana, it took Colorado just eight months to reach $1 billion in retail MJ sales in 2017 – a record clip for the state.
In 2016, by contrast, it took Colorado 10 months to hit the $1 billion sales mark.
The Denver Post reported that Colorado marijuana retailers had amassed $1.02 billion in combined recreational and medical marijuana sales through August.
In August itself, sales of flower, edibles, concentrates and accessories totaled nearly $137 million.
While Colorado has one of the oldest regulated cannabis markets in