Marijuana business in Colorado is taking a new turn. Consumers and entrepreneurs are holding together, as California is getting ready for cannabis sales. The state is expecting license programs and regulations by the start of the next year. No matter, how much the deficiency of retail presence is, the medical industry of Marijuana is encouraging one of the largest pot markets around the globe. After researches and studies, it is even revealed that the pot industry of California is much bigger than the Colorado or Washington. Be it just the medical market only that they are controlling, but even a single market is doing a great business than the other pot markets of Colorado.
What Doug Brown has to say about this Business?
Well, BDS spokesman Doug Brown believes that the firm has been working on collecting the data about the medical marijuana market of California from past one year. The results say that it has become one of the leading weed markets in the entire world. This data was hidden for a long time and now as it has revealed shows these amazing results. After seeing the results, even they are amazed to see how California has managed to earn profits from the recreational market rather than the medical marijuana market of Colorado. Even top marijuana companies are amazed to see the progress of the California’s weed market.
How Both the California and Colorado Happened to Be the Same?
After analyzing the data of the entire year, BDS figured out that both the states i.e. California and Colorado preferred flower. Almost more than half percentage of California’s medical marijuana patients purchased flowers from dispensaries. Similarly, almost 50% of the consumers of Colorado also did the same. Two strains including Gorilla Glue and Blue Dream were among the top four highest-selling strains in the both the states. Besides this, some other similarities were also found in both the markets including feeling on pre-rolls and edibles purchasing habits in the past year.
Well, there were Differences in both the markets too!
The point where the story for both the states was different was on the purchase of concentrates. While Californians prefer filled cartridges of hash oil or maybe vaping, Coloradans simply like to dab.
Let’s Explore Some More of These Two Different States Here!
The distillate is also famous here in Colorado than in California. According to the data that is collected in the past one year, pre-rolls was selling at the same rate in both these states. Marijuana business in Colorado is a bit different in case of the pre-rolls. While almost 93% of pre-rolls sold in Colorado were filled up with the leaves and standard, the percentage is only 69% in California.
The main point here is that no doubt both the markets are almost similar, but the sizes of business at both the states differ. The figure is not even close, indeed! So, on the brighter side of the marijuana business in Colorado, the Coloradans will continue to enjoy the lower prices of the weed, whereas the Californians have to pay a little more for this.