COLORADO: Tourists are buying up to 90% of the recreational pot sold in some Colorado ski towns, according to a new state analysis that says those visitors are pouring tens of millions of dollars into a marijuana economy that’s far larger than first predicted.
The study prepared for state marijuana regulators says about 9% of Colorado residents are using marijuana at least once a month, and that previous estimates dramatically under counted the amount of marijuana consumed by heavy users. The study, released Wednesday, says 22% of users consume about 70% of the pot sold in Colorado, defining a heavy user as someone consuming a gram or more a day at least 21 days monthly.
The study also says Colorado residents will consume about 121.4 metric tons annually, while tourists will buy nearly 9 metric tons. A study by state tax officials earlier this year estimated the market at just 92 metric tons, and a separate study released last year estimated the market at 64 metric tons.