Chart: Retail cannabis chains are on the rise in Colorado
By Eli McVey
As Colorado’s retail marijuana market matures, a growing number of stores are controlled by a handful of retail chain operators.
It’s a sign the cannabis industry may be headed in a direction similar to traditional retail businesses, where players like a Wal-Mart or Home Depot squeeze out smaller mom-and-pop stores.
In Colorado, chain retailers are opening more stores across the state than those entrepreneurs who are opening stand-alone shops.
Roughly 9% of recreational retailers in the state currently own and operate three or more stores – up slightly from 7% in January 2015.
However, the percentage
Chart: Retail cannabis chains are on the rise in Colorado is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs