Colorado cannabis sales slide further in August, hitting only $150 million
Total cannabis sales in Colorado reached only $150.4 million in August, a 2.2% decline from the previous month.
colorado recreational marijuana
Colorado cannabis wholesale flower prices plummet to all-time low
The wholesale price of cannabis flower in Colorado dropped to an all-time low, reflecting a market saturated with supply and squeezing cultivator margins.
Chart: Colorado recreational marijuana sales boom in month of March
Recreational marijuana sales in Colorado eclipsed $105 million in March 2018, the highest monthly total for adult-use sales in the program’s history.
Colorado lawmakers approve bill for cannabis tasting rooms
Colorado lawmakers on Thursday approved pioneering legislation allowing marijuana retailers to establish tasting rooms for customers to consume select products – much like a brewery taproom.
The bipartisan measure is believed to be one of the first of its kind in the nation – if not the first. It now goes to Gov. John Hicklenlooper for his consideration.
Recommendation that Sweet Leaf lose licenses offers a cautionary tale for marijuana industry
A Denver administrative law judge’s recommendation that Sweet Leaf should lose its 26 licenses shines a spotlight on how a prominent Colorado marijuana retailer went off the rails over alleged illegal sales practices.
Chart: Retail cannabis chains are on the rise in Colorado
By Eli McVey
As Colorado’s retail marijuana market matures, a growing number of stores are controlled by a handful of retail chain operators.
It’s a sign the cannabis industry may be headed in a direction similar to traditional retail businesses, where players like a Wal-Mart or Home Depot squeeze out smaller mom-and-pop stores.
