CannaBiz: Lessons Other States Can Learn from Colorado

February 13, 2018
Updated 2mo ago

Colorado Marijuana sales hit $1.5 Billion in 2017, generating nearly $250 million in taxes and fees for the state. The Cannabist's Marijuana Policy and Business Reporter Alicia Wallace explains why the state sales could face a plateau, and lessons other states could learn from Colorado.

"In Colorado the slowing growth is more of an indicator of a mature market," says Wallace. "We're the guinea pig on this, and we've been able to learn a lot of lessons really quick as this industry came out of nowhere here."

According to some reports Colorado may be readying for marijuana deliveries as early as this fall. Wallace says Hickenlooper in the past has put a stop-gap to legislation that would allow delivery over concern it could put the product in the hands of minors.