Stuff co.nz 25 November 2014
Cannabis sellers are gearing up for their first holiday season since recreational marijuana was legalised in the US state of Colorado.
At Grass Station, a shop in Denver that sells US$7 (NZ$9) joints, US$21 (NZ$27) chocolate bars and even a US$11 (NZ$14) lip balm, the goal is to get the same kind of post-Thanksgiving sales bump as department stores or clothing chains. Some pot sellers have even renamed the traditional Black Friday shopping day “Green Friday”.
“We have really high expectations,” said Grass Station owner Ryan Fox.
“Now we’ve got the legal means for people to give marijuana as a gift, and that’s never really been something that was feasible in the past.”
The shop expects a line at the door at 8am on November 28, the day after Thanksgiving, as tokers try to get their fingers on rationed specials. Sixteen customers will get an ounce of marijuana for US$50 (NZ$64) that generally sells for five times that amount. Sixty joints will go for US$1 each. The price for a US$30 (NZ$39) vape-pen cartridge will be cut in half.
Colorado’s almost 300 legal marijuana sellers have more to worry about than just enticing customers with discounts. The industry is grappling with 500 pages of regulation and myriad marketing restrictions. There’s also concern that the federal government still sees the trade as illegal, even if officials are looking the other way for now.