Colorado Sold Nearly 5 Million Marijuana Edibles in 2014

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The state's marijuana overseers issued their first annual report

Colorado just got its first year-long batch of data on the state’s grand experiment with legal marijuana. In the first annual report on supply and demand, Colorado’s Marijuana Enforcement Division disclosed on Friday that 4.8 million edible marijuana products and nearly 150,000 lbs. of marijuana flowers were sold in 2014.

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The numbers will give state officials a baseline for gauging the size of the market, particularly for edibles. In July, the state attempted to estimate how much marijuana would be sold in 2014 and said they really didn’t have a method of estimating edible demand. “The data reported into the...

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URL: 
http://time.com/3726742/colorado-marijuana-sales-report/