A new report highlights the difficulty of predicting supply and demand for a legal weed market Generic Marijuana Knowing how much marijuana people consume is now a very important statistic for officials in Washington and Colorado. That number can help them make sound decisions about how to regulate the supply side of the country's first recreational marijuana markets. And on Wednesday a non-profit think tank released a report showing that Washington residents consume far more weed than the state initially thought. [continues 797 words]
Sales of recreational marijuana begin in three weeks, and lawmakers fear that demand will dwarf supply Growth technician Mike Lottman moves through the marijuana plants in a medical marijuana center in Denver, April 2, 2012. Call it Black Wednesday. Recreational marijuana goes on sale legally in Colorado on Jan. 1, and Denver officials are worried that the city's retail shops won't be anywhere close to meeting demand. At a city-council meeting Monday, lawmakers in Colorado's largest city raised questions about licensing delays and the prospect of people queuing up for hours in what have been historically low temperatures. [continues 495 words]
