"Face it, it's been a really rough couple of years for the industry," National Cannabis Industry Association executive director Aaron Smith told a crowd of business owners and pot industry players.from Schedule I to Schedule III will provide a market boost, he admitted that Colorado, where the NCIA is located, is facing a"nadir" in commercial cannabis.
Despite all of the gloomy statistics, Colorado dispensaries still sold over $1.5 billion in marijuana products last year. That's nothing to hold your nose at, even if the smell of Rotten Rozay or Garlic Cocktail offends you. To rile up the troops, the NCIA brought out the big gun: Governor Jared Polis.
"We're trying to fill that void," Polis said, touting Colorado as the"first state in the country" to create this kind of program.and Congress advocating federal marijuana reform, and promised more things to come from his office. He told the crowd that he wants to"reduce" operating costs and taxes for marijuana businesses, and that his office will continue sending recommendations to lawmakers and the state Marijuana Enforcement Division.
Joshua Littlejohn, who co-owns a THC-infused syrup brand Highgrade, said direct talks and collaboration between government officials and business owners is needed if all of Colorado's marijuana market — and not just big business — is going to thrive again.
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