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You are here: Home / Business / This Survey Says That Marijuana Prices Are Crashing In Colorado

This Survey Says That Marijuana Prices Are Crashing In Colorado

June 22, 2015 by MJ News Network 2 Comments

COLORADO:  It’s been a little over a year since Colorado began allowing stores to sell marijuana for recreational use and the market continues to grow rapidly. But there are clouds (ahem) on the horizon.

Nicholas Colas and his team at Convergex, a global brokerage company based in New York, surveyed a number of marijuana stores in Colorado last week to get a better picture of the state of the nascent market.

What they found was that prices are declining faster than some had expected, while the number of people visiting the stores has increased.

Read full article @ Bloomberg

Filed Under: Business, Homepage Tagged With: cannabis, changing attitudes, CO, Colorado, end of failed war on drugs, legalization, marijuana, marijuana business, marijuana prices, recreational marijuana, the business of marijuana

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  1. Here’s Why Marijuana Prices Appear to Be Dropping in Colorado says:
    June 22, 2015 at 8:39 PM

    […] sales in Colorado, the market keeps getting bigger. And now a new survey shows that pot prices in Colorado are actually declining, even as the number of customers […]

    Reply
  2. Pioneer Pot States Have Collected More Than $200 Million In Marijuana Taxes says:
    August 27, 2015 at 11:44 AM

    […] Colorado, after about a year and a half of legal recreational marijuana sales, the state has collected more than $117 million in excise taxes from both the recreational and […]

    Reply

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