3 Trends to Watch in Washington
We now have a solid date: July 8. That’s when recreational cannabis sales will begin in Washington State.
Here are three areas to keep an eye on in the early days of the market:
1) Demand – Will people turn out in droves to buy recreational marijuana, as they did in Colorado earlier this year? Or has the novelty worn off a bit?
2) Supply – It appears only a handful of stores will actually be ready to open on July 8, funneling all customers into a few hot spots around the state. The first-movers could find themselves facing shortages, as growers recently predicted.
3) Edibles – Infused goodies have been flying off the shelves in Colorado, but they’ve also created headaches for the industry and led to controversy. Will Washington handle the edibles situation better, using lessons learned from the first state to legalize recreational marijuana?
http://mmjbusinessdaily.com/week-in-review-an...is-runway/
We now have a solid date: July 8. That’s when recreational cannabis sales will begin in Washington State.
Here are three areas to keep an eye on in the early days of the market:
1) Demand – Will people turn out in droves to buy recreational marijuana, as they did in Colorado earlier this year? Or has the novelty worn off a bit?
2) Supply – It appears only a handful of stores will actually be ready to open on July 8, funneling all customers into a few hot spots around the state. The first-movers could find themselves facing shortages, as growers recently predicted.
3) Edibles – Infused goodies have been flying off the shelves in Colorado, but they’ve also created headaches for the industry and led to controversy. Will Washington handle the edibles situation better, using lessons learned from the first state to legalize recreational marijuana?
http://mmjbusinessdaily.com/week-in-review-an...is-runway/
