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Home 🌿 Marijuana Business News 🌿 Colorado Cannabis Industry reaches nearly $1 billion in 2015 🌿Colorado Cannabis Industry reaches nearly $1 billion in 2015
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The subscription service is currently unavailable. Please try again later.Cannabis Business Alliance applauds Colorado’s impressive growth while noting regulatory challenges ahead
DENVER, Colorado -- has released the cannabis industry sales report for 2015, with total sales reaching over $996 million, an increase of more than 42 percent over the previous year. The Cannabis Business Alliance (CBA) notes this impressive industry growth even as many of its members prepare for more regulatory challenges ahead.
“With greater growth and continuation of operators entering the industry, Cannabis Business Alliance members and Colorado operators have continually set the standard of the maturing industry nationwide, impressively thriving amidst increasing regulation, including stamping, equivalency, and pest management,” said Mark Slaugh, CBA Board Member and iComply CEO. “Amidst these regulatory hurdles, CBA and its members continue to be committed to protecting the health, safety and welfare of the public. We are especially focused in protecting our adolescents and youth, by encouraging and actively supporting adult-use education, responsible parenting, and pragmatic...
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