Saturday, June 22, 2013 12:37:59 PM
http://www.coloradoan.com/article/20130424/NEWS01/304240012/CSU-study-Colorado-consumes-2-2-million-ounces-marijuana-annually
"The study estimated that there will be nearly 2.4 million ounces, not counting consumables, of marijuana consumed in Colorado annually for the next few years". IMO the current predictions are low scale too, as more consumers will flood the market with legal changes!
2.4mill x 185 per ounce = 444mill just in marijuana BUD revenues. Not too mention the hundreds of other products to be sold!!!
Think of hash and oil sales. They usually run between $15-$25 per gram. That part of the market alone will war with that of actual buds. And again, THIS is just Colorado Bro.
Say the market can hit even 100bill a year. Any company/person even capitalizing on 1/2 of 1% of the market is doing 50mill a year. Those are true numbers!
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