Marijuana sales dropped for the twelfth straight month. Consumers offer reasons.
Most of the early revenue was from tourism. Sales will eventually flatten out to a market of mostly local customers. That is: local customers who don't have the time, place or interest in growing their own.#2 more states have legalized it, so people are no longer traveling to Colorado to buy it.The taxes are as high as Cheech and Chong! No wonder sales are declining.
The big guys with twelve warehouses producing cannabis at 0.75/gram are pushing all the small companies out of business. $10,000 a year for a cannabis license is nothing when the big guys are spending a fraction of regular companies on overhead because of sheer volume Sales dollars declined. What about sales volume? Lower prices benefit consumers, yes?Market wide, we’re all down in sales, from wholesale producers to FoH retailers.
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