Ask a Stoner: If Marijuana Sales Are Down, How Are New Dispensaries Opening? – Westword

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Colfax Carl

Dear Carl: Two things can be true at the same time. Marijuana sales are bad, but business owners still believe in the power of pot. Dispensary revenue is down across Colorado, thanks to fewer out-of-state customers and a year-long drop in wholesale prices. This has pushed a handful of dispensaries to sell, close up shop or, in more than one case, get shut down because of failure to pay sales taxes. At the same time, dispensaries still present lucrative opportunities for investors with deeper pockets than mom-and-pop operations trying to pay bills week to week.

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