Although recreational cannabis in Colorado was legalized twelve years after medicinal use was approved, adult-use sales have been gradually taking over more of the state’s overall market. Overall, 66 percent of legal cannabis flower sold in Colorado was for recreational use in 2018. For edibles, the number is even higher with 86 percent of all edibles sold to recreational consumers. The report provides a deep analysis of the Colorado cannabis market and utilizes data directly extracted from dispensary point of sales data and the state’s seed to sale tracking. There was a 3-percent increase in overall recreational business licenses.
Although recreational cannabis in Colorado was legalized twelve years after medicinal use was approved, adult-use sales have been gradually taking over more of the state’s overall market.
A new report by the Colorado Department of Revenue’s Marijuana Enforcement Division (MED) has been released, shedding light on this continuing trend. Overall, 66 percent of legal cannabis flower sold in Colorado was for recreational use in 2018. For edibles, the number is even higher with 86 percent of all edibles sold to recreational consumers.
The report provides a deep analysis of...
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