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Big Changes (and Money) Coming to Colorado’s Marijuana Industry

Though ambitious individuals from outside the medical industry can now legally attempt a foray into the retail marijuana market, applicants are still required to be Colorado citizens. The new businesses are expected to open sometime in October, but experts are unsure what effect these changes will have on Colorado’s retail market.

These new rules will result in big changes for businesses and consumers alike in Colorado. Consumer Changes. For consumers, the biggest change will come in the form of delivery services. Beginning in January 2020, medical patients in Colorado will be able to have cannabis products delivered right to their door.

“In an effort to support the hemp industry, we are communicating federal updates and guidance to certificate holders as they are being rolled out,” Jeppson said. Although hemp and marijuana are..

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He was soon charged with selling bongs and marijuana. after he cashed in big on some cannabis stock in 2013 when he was 17.

We went from 18 million to 91 million adults living in that space so almost a 7x growth in the total potential market available to go purchase cannabis. And the big change here, the reason you see such a big shift in one year is in California, the passage of adult use in the way that they implemented essentially pretty much got rid of the.

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"It is one thing that the sales occurred, it is another to say something illicit followed," said Kristi Kelly, executive director of the Marijuana Industry Group. "That’s a big leap." An ounce a day.

Colorado’s trailblazing cannabis industry has a new high-water mark: $1.5 billion. The state’s marijuana shops raked in $1.51 billion sales of medical and recreational flower, edibles and.

Colorado’s marijuana industry is set to undergo some pretty big changes. The new governor, Jared Polis, supports home delivery and improving investment potential. Colorado’s marijuana industry was valued at $1.5-billion in 2018, but new investment opportunities could increase that exponentially for 2019 and beyond.

Will these corporations change the cannabis industry for the worse or will cannabis be able to maintain its character despite the dominance of traditional big business?" Only time will tell, she said.

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