NRTI in the RIGHT PLACE @ RIGHT TIME! That's the r
Post# of 1040
Posted On: 03/02/2015 10:14:17 AM
NRTI in the RIGHT PLACE @ RIGHT TIME! That's the real story G&L that so many folks are missing. The CBD market is exploding in growth, as proven by the first year results from Colorado that stunned everyone. Below are some of the key takeaways from that report and most notable is the one highlighted in blue that clearly states the retail market is a viable market for CBD!
Its going to be a very exciting year as NRTI takes the leadership role in being first to market with CBD at retail! It's not "IF" it will happen, but rather "WHEN" it will happen. People will be kicking themselves for not loading up at these cheap prices later on. Cheers!
Nearly 5 million marijuana-infused edibles (CBD) and almost 150,000 pounds of cannabis flower were purchased in legal Colorado stores and dispensaries in 2014.
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.
It's fascinating insight, the report's authors say, knowing that recreational edibles dominate the infused product space — yet recreational cannabis flower makes up only 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."
New Colorado report details recreational marijuana's first year
Its going to be a very exciting year as NRTI takes the leadership role in being first to market with CBD at retail! It's not "IF" it will happen, but rather "WHEN" it will happen. People will be kicking themselves for not loading up at these cheap prices later on. Cheers!
Nearly 5 million marijuana-infused edibles (CBD) and almost 150,000 pounds of cannabis flower were purchased in legal Colorado stores and dispensaries in 2014.
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.
It's fascinating insight, the report's authors say, knowing that recreational edibles dominate the infused product space — yet recreational cannabis flower makes up only 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."
New Colorado report details recreational marijuana's first year
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