By Marijuana Business Daily staff
Demand for cannabis concentrates and edibles is exploding in Colorado, offering a window into trends that will likely play out in the larger marijuana industry over time.
Retail sales of concentrates in the medical and recreational markets surged 125% in the first quarter of this year from the same period in 2015, according to BDS Analytics, which provides cannabis industry data based on point-of-sale information it gathers from retailers.
Edibles sales, meanwhile, rocketed 53%.
Those gains far outpace the 11% rise in sales of marijuana flower, showing that demand trends in Colorado’s cannabis industry
Chart of the Week: Sales of Marijuana Concentrates, Edibles Surging in Colorado is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Chart of the Week: Sales of Marijuana Concentrates, Edibles Surging in Colorado
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