THE MEDICAL MARIJUANA DISPENSARY INDUSTRY IS GROWING FAST

Thirty new medical cannabis companies have been started in Colorado alone since the start of 2016. There are also several dozen new cannabis growers located in surrounding states making the west the most important producer of medical cannabis in the … Continue reading

Thirty new medical cannabis companies have been started in Colorado alone since the start of 2016. There are also several dozen new cannabis growers located in surrounding states making the west the most important producer of medical cannabis in the country. The surge in the number of people working in the medical marijuana industry is impressive, though it is not unexpected. A report last year named fifteen new conditions that people suffer from which could be helped by the use of medical marijuana. In addition, a number of well-respected doctors have begun to step out of the shadows and declare than the medical industry needs to start looking at medical marijuana as a serious new approach for treating a host of different problems. The use of marijuana, now backed by many medical doctors, has caused the supply of medical cannabis to become strained. Local companies such as, www.boulderwc.com, reported that they will likely not be able to fill all of the orders they receive for medical cannabis next year, as demand is too high. The question then becomes; how will the cannabis industry meet the increased demand for medical marijuana?

One of the state’s largest cannabis growers has stated that they hope to respond to the demand for medical marijuana by developing more potent types of cannabis. A marijuana dispensary only has so much room to grow their product in, that because of a law which governs the amount of space which can be used for the growing of a cash crop in the state. Since expanding the amount of cannabis being grown is a problem, the industry instead has begun turning to science to help them develop new super plants which are stronger than the plants we now have. Science has already made amazing progress when it comes to cannabis modifications. There are now twenty new strands of cannabis than there were five years ago, and not only is cannabis being engineered to be stringer, it is also being grown with different properties which could help people with specific types of problems. The cannabis growers in our state are not sure if the new technology will arrive in time to prevent cannabis shortages that have been predicted to occur over the next few years, but they are doing everything in their power to find a solution as quickly as possible.

Once a solution is found to the issue of cannabis shortages, the next problem may be where to place all of the new cannabis shops. Cannabis stores now outnumber liquor shops in the state of Colorado, and the demand is causing more and more people to get involved in the cannabis shop business. One company has announced that they plan to build a huge cannabis center about thirty miles east of Denver, in which a number of different companies would sell together under the same roof. The idea for these “marijuana malls” is to attract people that want more cannabis selection when they go shopping for their herbs. The next year we are going to see a lot of new cannabis centers open up all across the state.