Agribusiness  October 4, 2019

Cannabis: The Next Frontier – A BizWest Special Report

Cannabis and industrial hemp are two of the fastest growing industries in Colorado, if not the nation.

In Colorado, about $1.7 billion worth of legal cannabis is sold a year, and $266 million in state taxes are collected. All without support from banks because of the federal prohibition on sale and use of marijuana.

Gummy bears are one of the most popular forms of edibles for the cannabis and hemp industries.

Meanwhile, Colorado farmers registered 86,000 acres of land on which to grow hemp. Of that, 45,000 were planted. That’s up from…

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