Has The CRE Market For Cannabis Reached Saturation Point?

Cannabis is big business in Colorado, and the industry continues to grow at breakneck speed. 

The number of licenses awarded to businesses selling weed in retail stores has increased every year since voters approved the legal use of marijuana in 2014. But the question remains: What is the tipping point for market saturation? 

The number of licenses the state has awarded to marijuana retailers has increased from 440 in August 2016 to 571 for the same month this year, according to the Colorado Department of Revenue Marijuana Enforcement Division.

On the cultivation side, the number of licenses the state issued to companies growing marijuana increased from 583 in August 2016 to 739 in August 2018 before dropping down to 699 on Aug. 1...

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RSK: You knew this business would eventually shakeout!

Ken Notes: It is really a tech play as grow techniques change rapidly and new states come on line. Watch Illinois, the laws there encourage out of state sales. I wonder why...