Chart of the Week: Sales of Marijuana Concentrates, Edibles Surging in Colorado

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

By Marijuana Business Daily staff

Demand for cannabis concentrates and edibles is exploding in Colorado, offering a window into trends that will likely play out in the larger marijuana industry over time.

Retail sales of concentrates in the state’s medical and recreational markets surged 125% in the first quarter of this year from the same period in 2015, according to BDS Analytics, which provides cannabis industry data based on point-of-sale information it gathers from retailers.

Edibles sales, meanwhile, rocketed 53%.

Those gains far outpace the 11% rise in sales of marijuana flower, showing that demand trends in Colorado’s cannabis

Chart of the Week: Sales of Marijuana Concentrates, Edibles Surging in Colorado is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Leave a Reply

Skip to toolbar