skip to Main Content
More of the legal marijuana sold in Colorado is increasingly for recreational use

The recreational market continues to increase its share of Colorado’s legal marijuana sales, with a new report showing that 66 percent of the total pounds of marijuana flowers and 86 percent of the total units of edibles sold in 2018 were for recreational use.

In 2017, recreational use accounted for 58 percent of the total pounds and 83 percent of the units of edibles sold by marijuana businesses, according to an annual update released Monday by the Colorado Marijuana Enforcement Division in the state Department of Revenue. Medical marijuana made up the rest of the sales.

The number of recreational marijuana business licenses increased by 3 percent while the number of medical marijuana licenses dropped 8 percent, the first decline in a couple of years, said Shannon Gray, division spokeswoman.

The report is the division’s fifth straight analysis of the marijuana industry. Recreational use was legalized in 2014, and the medical use of marijuana was approved in 2000.

“This ongoing analysis and compilation of industry information helps inform the public and contributes to our outreach efforts to stakeholders,” said Jim Burack, division director.

The report’s findings include:

  • Marijuana plants for recreational use, or what the report calls adult use, accounted for 75 percent of all the plants cultivated from July to December.
[Read more at The Denver Post]
This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Virginia governor vetoes marijuana market bill

A push to establish a legal marijuana market in Virginia is officially dead after Republican Gov. Glenn Youngkin vetoed legislation on Thursday. Virginia has allowed adults over 21 to possess and cultivate…

CDTFA Cannabis Creditor: Myths and Truths

By Hilary Bricken, Attorney at Husch Blackwell Dealing with creditors is never a fun experience. However, some creditors are more severe than others, especially in the cannabis industry. One of…

If FL Supreme Court approves cannabis ballot language, will voters go for recreational weed or not?

The long wait on whether Floridians will get a chance to vote to legalize recreational cannabis for adults 21 and older is almost over, as the Florida Supreme Court is…

Missouri strips marijuana licenses connected to company accused of predatory behavior

Missouri’s health department on Wednesday stripped two coveted marijuana micro-licenses tied to an out-of-state company that had been accused of predatory practices and had listed the licenses for resale. The…

More Categories

Back To Top
×Close search
Search