Ron Strider
Well-Known Member
The state has tried its best to crush the black market since legalization, slashing plant counts and upping black- and gray-market enforcement of unregulated medical and recreational grows.
All of that home-grow hatred and a maturing cannabis industry has undoubtedly cut into black-market sales. According to Arcview Market Research's latest study on the nation's cannabis industry, Colorado had the smallest rate of black-market cannabis transactions by far compared to other states, at just 27 percent of total spending.
Compare that to a 51 percent rate in Washington and 49 percent rate in Oregon – and a 100 percent rate in prohibition states – and Colorado looks pretty clean.
Some cannabis consumers, especially those who consumed heavily before legalization, still prefer the black market because they distrust the industry and/or hate commercialization. A Cannabis Consumer Coalition study in which 84 percent of the respondents identified as daily users asked where they bought their pot.
Fewer than 12 percent said they bought cannabis from a recreational dispensary, while nearly 46 percent said they still buy off the black market and 15 percent said they grow their own.
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Colorado's Black Market for Marijuana: How Big is it? | Westword
Author: Herbert Fuego
Contact: Denver News and Events | Westword
Photo Credit: David Zalubowski
Website: Denver News and Events | Westword
All of that home-grow hatred and a maturing cannabis industry has undoubtedly cut into black-market sales. According to Arcview Market Research's latest study on the nation's cannabis industry, Colorado had the smallest rate of black-market cannabis transactions by far compared to other states, at just 27 percent of total spending.
Compare that to a 51 percent rate in Washington and 49 percent rate in Oregon – and a 100 percent rate in prohibition states – and Colorado looks pretty clean.
Some cannabis consumers, especially those who consumed heavily before legalization, still prefer the black market because they distrust the industry and/or hate commercialization. A Cannabis Consumer Coalition study in which 84 percent of the respondents identified as daily users asked where they bought their pot.
Fewer than 12 percent said they bought cannabis from a recreational dispensary, while nearly 46 percent said they still buy off the black market and 15 percent said they grow their own.
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Colorado's Black Market for Marijuana: How Big is it? | Westword
Author: Herbert Fuego
Contact: Denver News and Events | Westword
Photo Credit: David Zalubowski
Website: Denver News and Events | Westword
