Denver's marijuana industry experiencing first-ever recession since legalization 11 years ago

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Colorado Marijuana Decline News

Pure Elevations Spa And Salon,Colorado Marijuana Legalization,Denver Marijuana Industry

Amy Wadas joined the Denver7 News team as the 8 p.m. anchor and reporter in August 2022 and is thrilled to be here.

DENVER — Denver's marijuana industry is experiencing its first-ever recession since recreational marijuana was legalized 11 years ago, the City and County of Denver confirmed. Data from the City and County of Denver shows a decline in both medical and retail marijuana gross sales following the COVID-19 pandemic in 2020. The recreational industry has brought in $180 million through the first seven months of 2024.

It's also the first marijuana consumption spa in the state's history. “We are here. We are open. It has been exciting yet scary,” said owner Rebecca Marroquin.Spa customers can incorporate cannabis into their massage, nail and hair treatments. Pure Elevations also sells cannabis products, which customers can consume in its outdoor lounge. “I injured my neck. All the pharmaceutical drugs they gave me really hurt me and hurt my body,” Marroquin said. “I know the benefits of marijuana.

 

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