'If there was a ray of light and the numbers were improving, we would have tried.'
, a chain of seven dispensaries in Denver founded in 2014, will close on June 17.
"The bigger they are, the harder they fall," he says."When you've got that kind of overhead, you just can't keep that going. We would love to, but there's not enough capital in this market. If there was a ray of light and the numbers were improving, we would have tried." new law took effect on January 1 that limited the daily amount of purchasable medical marijuana concentrateMedical marijuana sales quickly dropped, totaling $85.7 million in the first four months of 2022, down more than 43 percent from the same span in 2021, according to the state. But overall marijuana sales numbers and wholesale prices have been dropping, as well.
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