Cannabis Market Briefs

Colorado Cannabis Market Intelligence

Adult-use status

Legal since 2014

Medical cannabis

Legal

State tax rate

15% recreational + 2.9% medical

Estimated market size

$1.5B

CA CO MI NY IL MA OR WA AZ NV

8 of 8 cities available

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Colorado Springs

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Denver's recreational cannabis market is experiencing price compression so severe that average flower prices have dropped nearly 60% since 2021, creating a race-to-the-bottom dynamic that rewards dispensaries with strong brand loyalty and diversified product mixes over those competing on price alone.

210 shops $6-10/g avg

Fort Collins is a college-driven cannabis market where CSU's 35,000-student enrollment creates persistent demand for value-tier products, yet the city's outdoor recreation culture is quietly pushing premium concentrate and wellness-adjacent SKUs into the mainstream.

18 shops $7-11/g avg

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