The nation’s first market study about the after effects of the legalization of marijuana in Colorado is out, and the numbers are huge to say the least. It appears that over 10 tons of recreational marijuana is being sold every single month.
The Marijuana Policy Group in conjunction with the Department of Revenue has found that marijuana demand in the Rocky Mountain state is drastically larger than what was once believed. Based on the first 3 months of recreational marijuana sales, Colorado is on pace to consume 260,000 pounds this year alone. These numbers are quite the surprise, as this number turned out to be a third larger than what was expected.
The data was collected using a tracking system specifically designed for the marijuana industry for commercial growers and dispensaries to assist in keeping track of inventory. The tracking system also proved that the majority of recreational sales are from out of town visitors to Colorado.