Friday, October 02, 2015 10:37:21 AM
That’s exactly the kind of thing MMJ businesses hope to see in new markets.
There’s been anxiety in states such as Illinois and Minnesota, where patient counts are much lower than expected. But Nevada’s experience shows that a big spike is possible after sales begin (the first dispensaries in the state have opened over the past two months).
The physical availability of MMJ is almost certainly correlated to the increase in patient registrations, as there have been similar trends in other MMJ states. That is, as soon as product is actually available, patient numbers go up.
That will be something to watch in future upcoming markets, including Maryland, Hawaii and New York.
It’s also certainly exactly what other business owners in Nevada want to see, since the vast majority of dispensaries haven’t opened yet. But the increase in numbers, along with the likely boost in MMJ tourism the state will get thanks to its reciprocity provision, foreshadows a bright future for the new market.
John Schroyer
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