Marijuana demand to reach 121.4 metric tons and other facts from state pot study

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Telluride Green Room's Facebook profile
Lines outside mountain dispensaries like the Telluride Green Room are common.
The demand for cannabis in Colorado this year has been stronger than anticipated, according to a recent state study on the industry.

See also: Marijuana: State-approved labs can't test private pot samples

A report filed by the state's Marijuana Policy Group predicts that the demand for pot by adults 21 and over to reach around 121.4 metric tons this year. That's 31 percent higher than previously estimated by the Colorado Department of Revenue.

The study, using point-of-sales, tax and tourist data to predict demand, also notes that tourists are responsible for around 90 percent of retail marijuana sales in heavily visited mountain communities, compared to 44 percent in Denver and Jefferson Counties. Tourists are also paying more, according to the study, which points out that strains in mountain communities were priced 50 to 100 percent higher than similar buds in Front Range shops.

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This graphic from the study suggests that tourists in mountain towns are happy to pay a little extra for some legal herb.
That doesn't mean Coloradans are staying away from weed. The study cites the need for more cannabis stems due to demand by the "heavy-user population" --those who ingest marijuana at least 21 days a month. The MPG estimated that 23 percent of Colorado's pot-users fall into that category, compared to 17 percent nationally.

As Westword's William Breathes has reported, the number of medical-marijuana red cards is also on the rise. The study reveals that since January 2009, when there were 5,051 registered medical marijuana patients in Colorado, almost 106,000 more red cards have been issued. The marijuana tax rate for patients is 7.62 percent, just over a third of the 21.12 percent charged by the state for retail sales.

There was no data available in the study on the sales and use of concentrates or edibles, but the MPG stresses that a state report on those subjects and more is due during the first quarter of 2015.

Here's the complete report.

Marijuana Market Size and Demand Study

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25 comments
DonkeyHotay
DonkeyHotay topcommenter

FedEx Accused of Conspiracy to Distribute Prescription Drugs


Federal Express was indicted Thursday on federal charges alleging that it distributed prescription drugs and other controlled substances to people that the company knew had no prescriptions on behalf of illegal Internet pharmacies.


An 11-count indictment handed down by a grand jury in San Francisco names FedEx Corp. and subsidiaries FedEx Express, Inc. and FedEx Corporate Services, Inc., charges that the firm conspired with two separate but related Internet pharmacy groups identified in the 27-page document as the Chhabra-Smoley Organization and Superior Drugs.


The indictment, which comes amid an epidemic of prescription drug abuse across the nation, alleges that FedEx illegally distributed controlled substances and pharmaceuticals -- including phendimetrazine, Ambien, phentermine, diazepam (Valium) and Alprazolam (Xanax). The drugs were delivered to customers that prosecutors said “had no legitimate medical need” for them. 

...........



Wow! ... just wait until they get indicted for delivering Marijuana across the U$A !!

Levi Wilbert
Levi Wilbert

That's about .75 ounces for every individual in colorado

RobertChase
RobertChase topcommenter

The report has far more speculation than facts.  It attempts to distinguish between cannabis bought by residents from that bought by tourists, but it has no estimate of the demand for medicinal cannabis as opposed to retail.  The report opines that black and gray-market customers (applying the latter description to patients served by caregivers) will move to the retail market, without supplying any justification.  The DOR is readily able to distinguish purchases of medical cannabis from retail, but only provides aggregate sales tax statistics for industries; the absence of data regarding the demand for medical cannabis may reflect the DOR's determination to lump medical and retail demand together.  As for the motivation, that is harder to analyze; one might suppose the DOR would want to release statistics that support the claim of Dr. Wolk and others that people are becoming patients to evade the exorbitant sales tax surcharges on cannabis, but the report's speculation that the opposite is the case suggests the self-interest that continues to misrepresent Colorado's overbearing and inconsistent regulation of cannabis as some sort of model for the nation, and may explain why this broadly-ranging report refrains from comparing the markets for medical and retail cannabis, but it is a glaring omission in any event.

Nathan Embree
Nathan Embree

So....what is this story about?? Tourists are coming to Colorado to buy weed. I'm glad you blew the lid off that scandal.

Ossama Hussein
Ossama Hussein

sure wish i didnt have 4 years of probation or it would be more

Hot.Sauce
Hot.Sauce

Metric tons?

Speak American!

Monkey
Monkey

The "heavy-user population", that "demand" most the weed aren't buying it in stores. Tourists and occasional users are the ones paying those high prices and taxes. I guess the myth that stoners are stupid is busted by this "study" of assumptions. Those who use less or have less access to cannabis seem to be the stupid ones, paying corporations and the government for weed when they could be growing themselves, or hiring someone to do it for them, like the smart stoners do.

DonkeyHotay
DonkeyHotay topcommenter

The same LYING LIARS  who pimped and promoted that festering piece of shit A64 which promised $40 MILLION in excise tax revenue to schools, but is looking like it won't even achieve 1/10th that much ... not even enough to build a single school.


The same LYING LIARS who claimed A64 would reduce and prevent 10,000 arrests for marijuana annually, yet didn't repeal a single State Felony Marijuana statute.


Epic BULLSHIT Fail.

DonkeyHotay
DonkeyHotay topcommenter

... being that only ~10% of the population are regular smokers, and the vast majority of regular stoners aren't stupid or lazy enough to purchase overpriced, over-taxed, government controlled warehouse schwag from a greedy big $$ dispensary cartel, the report asserts a wildly inaccurate claim.

DonkeyHotay
DonkeyHotay topcommenter

@RobertChase ... so why don't you -- fearless leader of some mythical "coalition" -- demand that the DOR / MMED release ALL DATA sets -- in raw format so that you and others can crunch and parse the information in an accurate, unbiased fashion?


HipTip:  


The categorical differentiation is Medical vs. RECREATIONAL ... both of which are sold RETAIL to the general public.



RobertChase
RobertChase topcommenter

It is about an official report of the Marijuana Policy Group entitled "Market Size and Demand in Colorado", reproduced in the middle of this page.

RobertChase
RobertChase topcommenter

@Monkey Between December, 2013 and April, 2014, the number of patients increased less than five percent (<5%).  Residents may increasingly be acquiring caregivers surreptitiously or growing their own, but the high taxes likely will also increase the number of patients.  The CDPHE should update its statistics within two to three weeks.

DonkeyHotay
DonkeyHotay topcommenter

@Monkey ... it's always fucking hilarious when dilettantes who neither consume regularly nor grow produce "reports" and predictions about things they know nothing about.



RobertChase
RobertChase topcommenter

@DonkeyHotay  I requested aggregate data on medical versus retail purchases of the DOR's Office of Research and Analysis yesterday; if they fail to respond, a CORA request is possible.  I am using the DOR's terminology with regard to sales of cannabis; medical cannabis is not sold to the public at large, only to patients, so in that sense it is not sold at retail.

DonkeyHotay
DonkeyHotay topcommenter

@RobertChase ... so it's complete BULLSHIT and wild SPECULATION from self-serving lying assholes -- just like Bullshit Betty Aldworth's wildly inaccurate claims of Recreational Sales back in January, and the extreme LIES and DECEPTIONS put forth by the lying liars behind A64 regarding their claims of $40 MILLION / year in Excise taxes for schools, or the even more obscenely false claim that A64 would prevent 10,000 ARRESTS for Marijuana every year.



DonkeyHotay
DonkeyHotay topcommenter

@RobertChase @DonkeyHotay


HipTip #2 = don't get sucked into using the false and misleading terminology of the enemy, especially when the enemy is a bunch of know-nothing retards who can't even comprehend and properly use simple English words.


It's RECREATIONAL vs. Medical ... both of which are sold RETAIL ... and TAXED as RETAIL sales.





RobertChase
RobertChase topcommenter

@DonkeyHotay  I am the last person on Earth who needs that advice.  The summary description of the markets as "retail" and "medical" is appropriate, and "retail" is more  accurate than "recreational", the latter making more of an (unwarranted) imputation about the intended use of the cannabis than "medical", which also alludes to the status of the purchaser as a registered patient.

DonkeyHotay
DonkeyHotay topcommenter

@RobertChase "I am the last person on Earth who needs that advice"


Joke of the Day.


"Granting the DOR regulatory authority over retail sales of cannabis is not bad at all" -- Robert Chase

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