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Medical Marijuana, Inc. Message Board

  • billeeethekid Jun 27, 2013 9:17 AM Flag

    MJNA/Dixie has and will exponentially expand market share!

    June 26, 2013
    Latest Colorado #$%$ Stats: Number of MMJ Businesses Stablizes

    The Colorado medical #$%$ industry has stabilized after a prolonged contraction, signaling at least a temporary end to the three-year period of consolidation that saw many marijuana businesses close or merge.

    The number of dispensaries, infused products companies and cultivation sites that have or are in the process of obtaining business licenses in Colorado is currently at 1,413, according to the latest data from the state’s Marijuana Enforcement Division. That’s just two shy of the total at the end of last year. Most of the businesses seeking licenses are currently operating, though some that applied after a moratorium was lifted last July must wait until the process is complete to launch.

    The numbers paint a considerably different picture than the one that emerged over the past few years, when hundreds of dispensaries and related businesses closed as the state began implementing strict (and costly) regulations on what had been a freewheeling industry. Aside from the new rules, the market began to mature and the competition increased – meaning the weaker businesses were forced to close – while larger players began to emerge and gobble up the smaller businesses.

    At one point in 2010, Colorado was home to more than 1,000 dispensaries alone by some estimates – nearly double the number now. During the height of the contraction, several dozen #$%$ companies were closing each month.

    Google for the rest. It is VERY good for MJNA/Dixie.

    Dixie has a license to manufacture/sell and will be one of the few allowed to produce edibles until summer 2014!

    MJNA/Dixie has and will exponentially expand market share!

    Sentiment: Strong Buy

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