March 26th - NRTI Shocks CBD market!!!
New Colorado Report - Edibles (includes CBD) were the biggest story as sales shocked everyone! Facts don't lie and CBD is growing like wildfire , but needs to be controlled through some strict standardization to make it safer. Thus enters NRTI at the right time with the right solution to set the new gold standard in the CBD arena that physicians and consumers can trust!
Those who have the vision can see where NRTI is headed with their unprecedented approach to utilize medical marijuana's top experts from the medical and scientific side to help CREATE and ENDORSE their BEST-IN-CLASS QUALITY CBD PRODUCTS that are both SAFE and EFFICACIOUS . This approach has finally reached the stage of becoming a reality on March 26th , as they introduce their very first CBD product to treat pain, a multi-billion dollar market annually. Everything from the proper sourcing of top quality ingredients to their top of the line manufacturing facilities are ready to start producing the best quality CBD products in the entire CBD market.
They are way ahead of the competition in this regard and will be FIRST-TO-MARKET at the retail level that get everyone's attention, as these products hit chain store shelves in the very near future. Everything is set in motion and there is no stopping it now. Not even the evil Market Makers will be able to hold this back when the investing world gets wind of just how big this is that NRTI is undertaking to make them the undisputed CBD market leader who is setting the new standards for the CBD market! Ready or not, come March 26th, this all becomes reality , something rarely seen in the OTC markets at this level. I am happy to be a NRTI shareholder ahead of this historic event! Cheers!
New CO report describes, in detail, retail pot’s first year
PUBLISHED: FEB 27, 2015, 10:26 AM
By Ricardo Baca, The Cannabist Staff
Nearly 5 million marijuana-infused edibles and almost 150,000 pounds of cannabis flower were purchased in legal Colorado stores and dispensaries in 2014, yet only 67 of Colorado’s 321 total jurisdictions allow the sale of medical and recreational pot, according to an encompassing new report the state released on Friday.
The Marijuana Enforcement Division’s first annual report is one of the most important documents to date in Colorado’s marijuana experiment because it’s the first to give complete, state-sanctioned statistics on what marijuana looked like in its first full year of recreational sales.
“The Marijuana Enforcement Division feels that it is imperative to remain transparent on such a highly publicized issue in Colorado,” Lewis Koski, director of the Marijuana Enforcement Division, said in a statement. “It is the goal of MED to ensure that information of this nature is made available so that the public can fully understand the scope and nature of this newly regulated industry.”
There’s lots to learn about “the scope and nature” of marijuana in Colorado. Some numbers that popped out:
Edibles were certainly one of 2014's biggest stories, and for good reason, as 4,815,650 units were sold in the first year of recreational pot sales — 1,964,917 units on the medical side and 2,850,733 recreationally.
The numbers on marijuana flower sales in 2014 showed a still-robust medical market, which saw 109,578 pounds sold, and a growing recreational market, with 38,660 pounds sold.
It’s fascinating insight, the report’s authors say, knowing that recreational edibles dominate the infused product space — yet recreational cannabis flower only makes up roughly one-quarter of that area.
“The data reported into the system clearly illustrates a strong demand for edibles in general, but especially for retail marijuana edibles,” the report reads. “The edible trend suggests that retail marijuana products are a viable product for retail consumers.
“The retail marijuana product edible trend differs from the sales trend for flowering retail marijuana where the latter only comprised 26 percent of total flowering marijuana sold in pounds. Retail marijuana product edibles accounted for approximately 59 percent of total units of edibles sold in 2014.”
It’s also been somewhat elusive to peg down how many recreational shops and medical dispensaries are actually selling marijuana in Colorado, but the report addresses that, too. As of December 2014, the state had issued 833 retail licenses and 1,416 medical licenses.
There were 15,992 people licensed to work in Colorado’s marijuana industry in December 2014 — compared to 6,593 at the beginning of the year — an increase of nearly 143 percent.
Of Colorado’s 321 total jurisdictions, 67 allow medical and recreational sales, 21 allow medical-only sales, five allow recreational-only sales and 228 prohibit all pot sales.
This article will continue to be updated.
http://www.thecannabist.co/2015/02/27/marijua...med/30604/
New Colorado Report - Edibles (includes CBD) were the biggest story as sales shocked everyone! Facts don't lie and CBD is growing like wildfire , but needs to be controlled through some strict standardization to make it safer. Thus enters NRTI at the right time with the right solution to set the new gold standard in the CBD arena that physicians and consumers can trust!
Those who have the vision can see where NRTI is headed with their unprecedented approach to utilize medical marijuana's top experts from the medical and scientific side to help CREATE and ENDORSE their BEST-IN-CLASS QUALITY CBD PRODUCTS that are both SAFE and EFFICACIOUS . This approach has finally reached the stage of becoming a reality on March 26th , as they introduce their very first CBD product to treat pain, a multi-billion dollar market annually. Everything from the proper sourcing of top quality ingredients to their top of the line manufacturing facilities are ready to start producing the best quality CBD products in the entire CBD market.
They are way ahead of the competition in this regard and will be FIRST-TO-MARKET at the retail level that get everyone's attention, as these products hit chain store shelves in the very near future. Everything is set in motion and there is no stopping it now. Not even the evil Market Makers will be able to hold this back when the investing world gets wind of just how big this is that NRTI is undertaking to make them the undisputed CBD market leader who is setting the new standards for the CBD market! Ready or not, come March 26th, this all becomes reality , something rarely seen in the OTC markets at this level. I am happy to be a NRTI shareholder ahead of this historic event! Cheers!
New CO report describes, in detail, retail pot’s first year
PUBLISHED: FEB 27, 2015, 10:26 AM
By Ricardo Baca, The Cannabist Staff
Nearly 5 million marijuana-infused edibles and almost 150,000 pounds of cannabis flower were purchased in legal Colorado stores and dispensaries in 2014, yet only 67 of Colorado’s 321 total jurisdictions allow the sale of medical and recreational pot, according to an encompassing new report the state released on Friday.
The Marijuana Enforcement Division’s first annual report is one of the most important documents to date in Colorado’s marijuana experiment because it’s the first to give complete, state-sanctioned statistics on what marijuana looked like in its first full year of recreational sales.
“The Marijuana Enforcement Division feels that it is imperative to remain transparent on such a highly publicized issue in Colorado,” Lewis Koski, director of the Marijuana Enforcement Division, said in a statement. “It is the goal of MED to ensure that information of this nature is made available so that the public can fully understand the scope and nature of this newly regulated industry.”
There’s lots to learn about “the scope and nature” of marijuana in Colorado. Some numbers that popped out:
Edibles were certainly one of 2014's biggest stories, and for good reason, as 4,815,650 units were sold in the first year of recreational pot sales — 1,964,917 units on the medical side and 2,850,733 recreationally.
The numbers on marijuana flower sales in 2014 showed a still-robust medical market, which saw 109,578 pounds sold, and a growing recreational market, with 38,660 pounds sold.
It’s fascinating insight, the report’s authors say, knowing that recreational edibles dominate the infused product space — yet recreational cannabis flower only makes up roughly one-quarter of that area.
“The data reported into the system clearly illustrates a strong demand for edibles in general, but especially for retail marijuana edibles,” the report reads. “The edible trend suggests that retail marijuana products are a viable product for retail consumers.
“The retail marijuana product edible trend differs from the sales trend for flowering retail marijuana where the latter only comprised 26 percent of total flowering marijuana sold in pounds. Retail marijuana product edibles accounted for approximately 59 percent of total units of edibles sold in 2014.”
It’s also been somewhat elusive to peg down how many recreational shops and medical dispensaries are actually selling marijuana in Colorado, but the report addresses that, too. As of December 2014, the state had issued 833 retail licenses and 1,416 medical licenses.
There were 15,992 people licensed to work in Colorado’s marijuana industry in December 2014 — compared to 6,593 at the beginning of the year — an increase of nearly 143 percent.
Of Colorado’s 321 total jurisdictions, 67 allow medical and recreational sales, 21 allow medical-only sales, five allow recreational-only sales and 228 prohibit all pot sales.
This article will continue to be updated.
http://www.thecannabist.co/2015/02/27/marijua...med/30604/
