Katelyn Baker
Well-Known Member
Marijuana concentrates are the fastest growing segment of Colorado's legal marijuana market.
Demand for marijuana concentrates in Colorado grew 125 percent in the first quarter of 2016 from the same period in 2015, as reported by Marijuana Business Daily.
Marijuana concentrates are potent forms of cannabis produced through an extraction process. Solvents such as butane, CO2 and ethanol are used to strip compounds from raw cannabis flowers, leaving behind a concentrated, potent product.
According to marijuana strain database Leafly, some extract concentrates have tested as high as 80 percent in THC, the psychoactive compound found in cannabis. That is significantly higher than the THC content found in flower form of the strongest strains, which typically tests in the mid to high 20s.
"The future of cannabis is steering toward these potent concentrated forms, especially as the therapeutic potential of non-smoking methods is realized by the public," writes Leafly contributor Bailey Rahn.
Edibles sales also rose significantly in Colorado at 53 percent market growth between the first quarter of 2016 and the same period in 2015, per Marijuana Business Daily.
Although sales of marijuana flowers increased just 11 percent during this same time in Colorado, flowers still make up the large majority of legal pot sales in the state.
Marijuana flower sales in Colorado totaled approximately $161.7 million in the first quarter of 2016, while sales of marijuana concentrates totaled $60.5 million and sales of marijuana edibles reached $28.7 million.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Sales Of Marijuana Concentrates Are Up 125 Percent In Colorado
Author: Emily Gray
Contact: 312-321-3000
Photo Credit: Symic/Compfight
Website: Sun Times Network
Demand for marijuana concentrates in Colorado grew 125 percent in the first quarter of 2016 from the same period in 2015, as reported by Marijuana Business Daily.
Marijuana concentrates are potent forms of cannabis produced through an extraction process. Solvents such as butane, CO2 and ethanol are used to strip compounds from raw cannabis flowers, leaving behind a concentrated, potent product.
According to marijuana strain database Leafly, some extract concentrates have tested as high as 80 percent in THC, the psychoactive compound found in cannabis. That is significantly higher than the THC content found in flower form of the strongest strains, which typically tests in the mid to high 20s.
"The future of cannabis is steering toward these potent concentrated forms, especially as the therapeutic potential of non-smoking methods is realized by the public," writes Leafly contributor Bailey Rahn.
Edibles sales also rose significantly in Colorado at 53 percent market growth between the first quarter of 2016 and the same period in 2015, per Marijuana Business Daily.
Although sales of marijuana flowers increased just 11 percent during this same time in Colorado, flowers still make up the large majority of legal pot sales in the state.
Marijuana flower sales in Colorado totaled approximately $161.7 million in the first quarter of 2016, while sales of marijuana concentrates totaled $60.5 million and sales of marijuana edibles reached $28.7 million.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Sales Of Marijuana Concentrates Are Up 125 Percent In Colorado
Author: Emily Gray
Contact: 312-321-3000
Photo Credit: Symic/Compfight
Website: Sun Times Network
