Growing against regulations: Cannabis edibles industry’s significant profit margins are yet to be seen, Colorado …

The fact is that most of the manufacturers have to reinvest their profit due to the constantly changing regulatory environment, according to the education session “The Future of Wholesale Baking with Marijuana” held during IBIE in Las Vegas, Nevada.

The session was presented by two Colorado-based edible wholesale bakers, including Sweet Grass Kitchen and Love’s Oven. They both provide a large portion of cannabis edibles to Colorado, the first state that legalized the recreational use of marijuana in the US.

Marijuana is currently legal for recreational use in four US states; 20 other states use marijuana for medical purposes. In November this year, nine more states will have validated initiatives for either recreational or medical marijuana.


Marijuana baked goods are significant in cannabis sales

In more mature cannabis markets, such as Colorado and Washington, edibles have posted 50% of total cannabis sales, according to Sweet Grass Kitchen’s director of

... read more at: http://www.bakeryandsnacks.com/Manufacturers/Cannabis-edibles-industry-s-big-profit-margins-are-yet-to-be-seen

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