Colorado
Colorado marijuana prices at near-record low
DENVER (KDVR) — Individuals reducing again on their marijuana purchases could also be lacking out.
Final week the Colorado Division of Income reported medical and leisure marijuana gross sales noticed a 13% lower in February 2022 in comparison with February 2021. That accounts for about $22 million in misplaced income.
In the identical time interval, although, marijuana costs have fallen to a few of their lowest ever. The value for one pound of bud was $799 in the newest value breakdown supplied by CDOR.
Costs haven’t been this low for Colorado hashish for the reason that fall of 2018 and winter of 2019. Throughout the winter of 2021, marijuana costs climbed to highs unseen since 2016 because the nation’s COVID-related financial woes unfold throughout most retail merchandise.