After losing nearly 10,500 marijuana jobs from 2022 to 2023, Colorado went from second to sixth in state marijuana employment.
, when dispensaries recorded record sales numbers.
"The economic impact of the Colorado cannabis industry is real, and unfortunately we're seeing that a contraction also has ripple effects," he adds. It's too harsh to call Colorado's marijuana market decline inevitable, Bradley argues, because of the country's public health and economic situations since 2020.
Bradley admits that"it's hard to know exactly which levers to pull" to help spur growth in Colorado's marijuana space, but says he has"long-term concerns" about the state's 15 percent excise tax on wholesale marijuana.
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