New Competition Came Out For Pot Market In Colorado

Colorado’s new marijuana industry is in for a brand new element Wednesday competition. The state gave medical marijuana dispensaries and growers a nine-month exclusive on the new recreational pot business, fearing an unmanageable explosion of new businesses.

The grandfathering period expires Wednesday, meaning pot shops and growers who weren’t in business before voters approved recreational pot in 2012 are just now able to enter the market. There’s going to a price war coming. It’s inevitable, predicted Toni Fox, a marijuana grower and owner of a Denver pot shop. Fox has received a license for a second shop opening Wednesday in Salida.

To read more, visit http://www.summitdaily.com/news/13233729-113/marijuana-pot-colorado-market

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