In theory, monochrome sensors are sharper and have a better dynamic range. And if like me, most of your output is monochrome then it provides a simpler workflow.
I know a couple of people who have monochrome cameras in the monochrome group I’m a member of. The output from the Leica Q2 was mind bogglingly sharp, although I’m not sure if that was a function of using a prime lens, monochrome sensor, excellent post-processing, or all the above.
The other camera in question was the Pentax K something or other, which I think is the same sensor as the Ricoh. I’ve had a look at a raw file from it in Lightroom and I felt that it needed a lot of work doing on it compared to a file off my Nikon’s, and I wasn’t sure about the claims of an improved dynamic range. Maybe it was just a different workflow that was required but I wasn’t overly impressed and decided not to buy one.