State Profile: Colorado
2016 Legal Cannabis Market
Arcview Market Research provides unparalleled analysis and reporting into the key developments, trends and opportunities in the legal cannabis industry. This 2016 Colorado Legal Cannabis Market State Profile, co-produced with New Frontier Data, provides actionable intelligence for this trailblazing state.
Colorado remains the most influential adult use market in the country and it has set a high bar for regulatory effectiveness and operational efficiency for the states that will follow. Since activation of the first licensed dispensaries for adult use cannabis in January 2014, adult use cannabis has generated approximately $1.6 billion sales and the state government has raised nearly $367 million in revenue from taxes on both medical and adult use sales licensing fees. Below are some key areas that will be critical in shaping the evolution of Colorado’s market and are included in this report:
- Economic Impact
- Social Consumption
- Testing & Pesticides
- Political Buy-in
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NOTE: This report was published in December of 2016. In some cases Arcview's projections have changed as well as some aspects of the market dynamics.