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Colorado Study Indicates That State is Consuming a lot of Cannabis

A Government Study Uncovered a Surprising Truth About Colorado’s Marijuana Industry

The news: Colorado’s marijuana rollout has resulted in an extensive post-legalization market study, the first of its kind in the world. On Wednesday, the state’s pot regulators released results from the first three months of legal medical and recreational marijuana sales — and what they discovered was pretty incredible.

The report found that the demand for weed was “much larger than previously estimated,” and that’s an understatement. The study estimated market demand for marijuana in Colorado to be 130 metric tons a year: that’s 121 metric tons for residents and 9 metric tons for tourists, and about a third than the projections by the state Department of Revenue. [Read More…]

Rob MeagherRob Meagher

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected]

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