08
Jan

Colorado’s Pot Shops Say They’ll Be Sold Out Any Day Now

TIME reports, “A few days into the experiment, the new world of legal-recreational-marijuana  sales in Colorado appears to be a big success — so much so that pot shops are  finding it impossible to keep up with demand.

Legalizing MarijuanaAccording to the Denver Post, at least 37 stores in Colorado were  licensed to sell recreational pot to anyone 21 or over as of New Year’s Day. The  Associated Press and others reported long lines outside  Denver pot shops, with some eager customers forced to wait three to five hours  before getting a chance to go inside, step up to the counter and make a  purchase.

Prices have been steep — in some cases, stores were charging $50 or even $70  for one-eighth of an ounce of pot that cost medical marijuana users just $25 the  day before — and taxes add on an extra 20% or so. Even so, sales have been  brisk.

The two operational pot shops in Pueblo collectively sold $87,000 of  marijuana on Jan. 1, per the Pueblo Chieftain, and store owners say if demand  persists anywhere near the current high, they’ll be sold out in the very near  future. Likewise, Toni Fox, owner of the 3D Cannabis Center in Denver, told the  Colorado Springs Gazette that a sellout is  imminent. “We are going to run out,” she said on Thursday, Day 2 of  legal-recreational-marijuana sales. “It’s insane. This weekend will be just as  crazy. If there is a mad rush, we’ll be out by Monday.”

Another Associated Press story noted that some shops had to close  early on Wednesday because they didn’t have enough marijuana on hand to oblige  customers.”

 

Image source: Elaine Thompson/AP

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