Cannabis  June 19, 2023

BDSA: Colorado pot sales may have plateaued 

LOUISVILLE — While the United States’ legal cannabis markets continues to grow — unsurprising, given that new markets are coming online every year as states legalize the marijuana business — BDS Analytics Inc., a local cannabis market intelligence and research company, expects Colorado’s pot industry, one of the nation’s most mature and most competitive from a pricing standpoint, to contract slightly in 2023 and continue rather flatly into the near-term future. 

“BDSA forecasts that legal sales in the Colorado market will total $1.6 billion in 2023, with $1.4 billion coming from the adult-use channel and $186 million coming from the medical…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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