State of the Industry
The newest report on Colorado’s on marijuana industry provides a wealth of facts and figures, from how much marijuana is grown to the average life cycle of Colorado marijuana plants. Want to know how many edibles vs. buds were sold? Or how the medical vs. adult-use market is shaking out?
It’s all here in the Colorado Department of Revenue’s 2017 Marijuana Enforcement Division annual report. (Actual report: Click to View PDF)
The MED report also notes that the number of licensees that passed compliance checks to ensure they are not selling to underage buyers rose to 95.1 percent from 94 percent in 2016.
“While we’re pleased that the percentage of licensees passing underage compliance checks increased from 2016 that number still isn’t good enough,” said Jim Burack, MED Director. “We’ll continue to increase the frequency of our enforcement efforts and further educate marijuana licensees on their operational requirements vital to protecting public health and safety. Importantly, business licenses are subject to discipline, including revocation, if management is not diligent about underage enforcement and associated employee training.”