Colorado MJ Sales At All Time High

Sales in March topped $72 million, 9 percent higher than the prior month’s $66 million in sales. Colorado medical marijuana accounted for $31 million in sales in March while retail (recreational) marijuana accounted for $41 million, both increasing 9 percent from February.

COLORADO: Colorado’s total marijuana sales hit an all-time high in March 2015, according to numbers released By the Colorado Department of Revenue.   Sales in March topped $72 million, 9 percent higher than the prior month’s $66 million in sales. Colorado medical marijuana accounted for $31 million in sales in March while retail (recreational) marijuana accounted for $41 million, both increasing 9 Read the full article…

Medical Marijuana A Challenge For Legal Pot States

As states loosen marijuana laws, the consequences for noncitizens remain as strict as ever.

WASHINGTON:  A year into the nation’s experiment with legal, taxed marijuana sales, Washington and Colorado find themselves wrestling not with the federal interference many feared, but with competition from medical marijuana or even outright black market sales. In Washington, the black market has exploded since voters legalized marijuana in 2012, with scores of legally dubious medical dispensaries opening and Read the full article…

MJ Research Report: Washington Hits First $1M Day for Legal, Recreational Cannabis Sales

The two weeks with most sales occurred in November.  The week of November 2nd (includes the 6th) is the largest sales week so far with over $4M in sales and the week of November 23rd is the 2nd largest with over $3.6M in sales.

By Joe Armes WASHINGTON: On Wednesday, November 26th the state of Washington achieved a milestone the industry has been anticipating for months; the first time single-day recreational cannabis transactions (producer, processor and retail sales) broke the one million dollar barrier.  Given this milestone was achieved with 75 retail stores in operation, we can anticipate that Read the full article…

Will Colorado Have Enough Pot Stores To Meet Demand?

Growth technician Mike Lottman moves through the marijuana plants in a medical marijuana center in Denver.

COLORADO:  Call it Black Wednesday. Recreational marijuana goes on sale legally in Colorado on Jan. 1, and Denver officials are worried that the city’s retail shops won’t be anywhere close to meeting demand. At a city-council meeting Monday, lawmakers in Colorado’s largest city raised questions about licensing delays and the prospect of people queuing up for hours in what Read the full article…

Will Colorado Have Enough Pot Stores To Meet Demand?

Growth technician Mike Lottman moves through the marijuana plants in a medical marijuana center in Denver.

COLORADO:  Call it Black Wednesday. Recreational marijuana goes on sale legally in Colorado on Jan. 1, and Denver officials are worried that the city’s retail shops won’t be anywhere close to meeting demand. At a city-council meeting Monday, lawmakers in Colorado’s largest city raised questions about licensing delays and the prospect of people queuing up for hours in what Read the full article…