NEW: Colorado's medical marijuana sales are lower than they've ever been.
Colorado’s medical marijuana sales sit at their grimmest point, leaving the state’s cannabis industry “on the brink,” according to representatives of the sector.
“There is a dangerous perception that Colorado’s cannabis industry is a cash cow,” said Tiffany Goldman, board chair of the Marijuana Industry Group. “This perception is false.” “In the future, we hope lawmakers and elected leaders will understand the sad reality that Colorado cannabis businesses are struggling and that we must work to protect an industry that provides good paying jobs and tax revenue for our state,” Goldman said in a statement.. It’s set to dominate the Colorado market with 26 dispensaries after PharmaCann recently announced its plan to acquire boutique dispensary chain The Clinic.
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