The local marijuana industry has rebounded strongly after struggling early on in the pandemic.
Numerous industries have felt the financial impacts of widespread closures as a result of the arrival of the novel coronavirus in Summit County in March, but dispensaries have weathered the storm better than most, in part due to their designation as essential — keeping them open while other businesses were forced to shut their doors.
But with shops, restaurants and ski areas closed throughout the county, the subsequent tourism drought initially stung dispensaries, as well. During March and April, the towns of Breckenridge, Frisco and Dillon saw a combined decline of more than $52,000 in revenue based on a 5% marijuana tax in each town. Silverthorne was unable to share marijuana related tax information because it has only one dispensary in town, according to Silverthorne Director of Finance Laura Kennedy.
But as public health order restrictions began to loosen and visitors made their way back to the county over the summer, marijuana sales boomed.
“Through the month of April and into May, it was pretty quiet,” said Jacob Kelley, general manager at Organix marijuana dispensary in Breckenridge. “It was mostly just locals we were helping.