Colorado Politics

Colorado’s cannabis industry changing to accommodate less sales, demand

President of Veritas Fine Cannabis, Jonathan Spadafora, talks about how his company and others in Colorado’s marijuana industry are dealing with a $400 million decline in revenue between October 2021 and October 2022. Other states legalizing recreational pot, the return to office for many workers and other factors have contributed to the losses for the industry which had never seen consecutive months of sales decline prior to what is currently 17 straight. (Video by Tom Hellauer/The Denver Gazette)

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Colorado’s cannabis industry changing to accommodate less sales, demand

President of Veritas Fine Cannabis, Jonathan Spadafora, talks about how his company and others in Colorado’s marijuana industry are dealing with a $400 million decline in revenue between October 2021 and October 2022. Other states legalizing recreational pot, the return to office for many workers and other factors have contributed to the losses for the industry which had never seen consecutive months of sales decline prior to what is currently 17 straight.

(Video by Tom Hellauer/The Denver Gazette)

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