Is the green rush over?
How are dispensaries closing in Denver? Give me one of those licenses. Weed sells itself.Opening a dispensary and achieving success isn’t impossible, but it’s not as easy as it seems. With just over 200 different dispensaries and most of the state’s growing operations, Denver has always been one of the country’s most competitive markets, but now it’s oversaturated.
Wholesale flower prices have plunged, too, falling more than 46 percent on average from January 2021 to April of this year.Recent inflation has limited customer spending money, but cannabis has never been cheaper in Colorado, where the plant is no longer a novelty now that nearly twenty states have legalized recreational pot and even more allow medical marijuana sales.
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