A little less than a decade ago, it became the norm across the State to legalize the medicinal use of marijuana. One of the recreational dispensaries that first entered the market was Rocky Mountain Cannabis. Part of the legislative process required that dispensaries adhere to strict guidelines and this team was one of the first that gained recognition as a legal recreational dispensary. Now they are looking back on the past few years and providing an overview of how the industry boomed.

“The past year showed a massive increase in sales revenue. Our team was extremely excited to hear the latest numbers when the Colorado Department of Revenue announced the latest sales revenue figures. The number they have released comes to $1.02 billion but once all additional income generated from the industry is added the number is far higher. When taxes and fees become part of the total sum, the number generated is more than $6.56 billion. This is a massive cash injection into the State’s revenue and it opens up the doors to the public to access quality products, it is truly a win-win situation to all involved,” says Nate Balducci, the marketing director at Rocky Mountain Cannabis.

Balducci then continues to expand on how the change in legislation made the need for the black market completely redundant and provided those who are convinced of the medicinal benefits of marijuana the freedom and security to purchase their products legally. He says that it removed the need for innocent citizens to act criminally and putting themselves at risk of getting caught and having to sit with a criminal record. While the ordinary citizen can now access what they need free of any risks, it was also a legislative decision that worked out extremely well for local government. The massive income that the State generated from these kinds of sales is just the cash injection they needed in financially stricken times.

“We can now look back upon the benefits this decision brought upon, and we consider ourselves privileged not only because Colorado was in the lead on this decision, a choice currently being made across more US states, but also because as a recreational dispensary, we were one of the first and could help to set the benchmark in the industry,” Balducci concludes.

About Us: AT Rocky Mountain Cannabis, we are always working towards delivering nothing but impeccable solutions you would want to purchase online or at any of our multiple locations. We offer a range of options from CBD to THC products to ensure you can enjoy all the benefits you desire from our product range. Our store also caters to all the accessories you would need to make the most of every experience. Wewe are always working towards delivering nothing but premium quality products, you can expect to receive nothing less. Visit our website at https://www.rockymountaincannabis.com/ to see all we have to offer.