Colorado Marijuana Infused Products Growth Slows

BDS Analytics

BDS Analytics has previewed a pending report on consumer trends based on its proprietary data.  According to the company, Q3 sales of $290mm worth of cannabis in Colorado represented 53% growth from a year ago.  At the same time, though, edibles grew at 30%, representing 7% of the overall dollar value of the market.  Concentrates grew faster than the overall market, more than doubling from a year ago. CEO Roy Bingham stated that the data sample-size is adequate to assure statistical significance.

Read Shay Castle’s “Report: Marijuana sales in CO at $740M so far in 2015”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

Get Our Sunday Newsletter