The realities of recreational marijuana in Colo.
Denver Colo. Recreational marijuana has had 9 glorious days to prove the world will not end. With Washington state playing the wait and see game, Colorado has taken the forefront in the recreational marijuana industry. The Colorado Dept. of Revenue has given licenses to 136 retailers, 178 cultivation sites, and 31 marijuana infused product manufacturers. With roughly 30 stores open and selling now, here is a list of realities for adult marijuana consumers.
With over 5 million in sales the first week, another concern is whether or not the supply will meet the demand. With The Clinic already running out of supply, other stores have been limiting the amount a patron can purchase well below the legal limits. Lauren Hoover, a manager at Breckenridge Cannabis Club said “It’s been very very busy” Hoover also said they had 1500 customers on Jan 1st. the average count for medical patients is between 20 and 40 visitors per day. Although interest has dropped since the first, many shop owners are still reporting people waiting in lines. “Every day that we’ve been in business since Jan. 1 has been better than my best day of business ever,” Andy Williams, owner of Denver’s Medicine Man dispensary, told The Huffington Post.
High prices and limited hours of operations will basically guarantee the survival of the black market. With street prices in Denver averaging $10 per gram, the average consumer pays $35 for a 1/8th. With taxing and high demand, recreational stores have been charging as much as $65 a 1/8th. Those willing to both wait in line and pay higher taxed prices are now treated to a safe buying experience where they can have choices. This is a new and exciting prospect for many whom have smoked illegally. While these prices are acceptable in other parts of the country, the average Denver consumer will not pay these prices once the novelty wears. The other obvious problem is the store hours of operation. The black market runs 24 hours a day while stores close at 7p.m.