Beyond the buzz: How do marijuana sales in Steamboat stack up to other ski towns? | SteamboatToday.com

Beyond the buzz: How do marijuana sales in Steamboat stack up to other ski towns?

Customers line up inside Rocky Mountain Remedies.
Matt Stensland/File photo

STEAMBOAT SPRINGS — Steamboat Springs is selling more marijuana than several other ski towns including Aspen and Breckenridge, sales records from 2017 show.

The records also reveal that in mountain resort towns, March is the busiest month at the dispensaries, and sales follow similar seasonal patterns with sales spiking during spring break season.

Steamboat’s three dispensaries sold $12.25 million in recreational and medical products last year, beating out the $11.3 million sold in the city of Aspen and the $9.7 million sold in Breckenridge.

Frisco posted just under $6 million in sales.

The city of Glenwood Springs posted $6.7 million in total marijuana sales last year.

Not all ski towns are allowing dispensaries to open in their city limits.

For example, Vail and Winter Park don’t allow dispensaries.

And although Steamboat is among the top recreational marijuana sellers among ski towns, Routt County is not one of the top 10 recreational marijuana revenue generators in the state.

Denver County was by far the biggest marijuana revenue generator last year, posting more than $289 million in recreational sales through October.

The next closest county was Arapahoe, with $85.5 million in recreation sales.

Summit County clocked in at number 10 with $17.8 million in total sales.

How high will marijuana sales get in Steamboat before the industry hits a ceiling?

City of Steamboat Springs Finance Director Kim Weber predicts the dispensaries will see their sales continue to grow by 5 percent over the next two years, but then it will start to plateau.

“That’s my crystal ball assessment,” she said. “We’re still seeing the big numbers of growth, but with other states legalizing marijuana, and with additional towns adding dispensaries, I’m thinking it will taper off a bit.”

She added she doesn’t think the sales will see a big drop off but rather a leveling off.

Dispensaries are also being added close to Steamboat.

The first dispensary in neighboring Moffat County recently opened in the town of Dinosaur, prompting concern from some Utah state lawmakers that it would mean more of the product coming into a state where it isn’t legal.

Dinosaur is just three miles from the Utah border on U.S. Highway 40.

The sales figures from other ski destinations confirm the seasonal spikes in sales.

In Breckenridge, more than twice as much marijuana was sold in December than in November.

Sales peaked for the year in the busy spring break month of March, when $1.3 million in marijuana was sold there.

The same trend could be seen in sales reports for the town of Aspen.

March was also the busiest marijuana sales month in that ski town, with $1.35 million in sales.

March is also Steamboat’s most brisk marijuana sales month.
Here, just over $1 million of product was sold.

To reach Scott Franz, call 970-871-4210, email scottfranz@SteamboatToday.com or follow him on Twitter @ScottFranz10.


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