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Cannabis Edibles Prove Challenging for Adult-Use Legalization

Ryan Allway

January 7th, 2015

Policy, Top News

Former Senior Director of Colorado’s Department of Revenue, Ron Kammerzell, recently sat down with Al Jazeera to discuss the state’s adult-use legalization. During the interview, Mr. Kammerzel indicated that the regulation of cannabis edibles was the most unexpected and challenging part of the regulatory process. Many of the issues have since been resolved, but the other states and the industry could learn from the mistakes.

When Colorado initially rolled out adult-use edibles, the regulations looked a lot like the state’s long-standing medical marijuana requirements. The problem was that the average adult-use consumer of edibles wasn’t nearly as familiar with appropriate THC concentrations as the average medical marijuana consumer. As a result, the state faced several issues with overdosing from over-consumption of concentrated THC in edibles.

Many edibles contain extremely high level of THC. For instance, a single THC-infused cookie may contain 60 to 100 milligrams of THC in it, which represents several servings. Consumers that aren’t familiar with THC concentrations may assume that a single cookie represents a single serving size and end up consuming far more THC than intended.

In response to the over-consumption issues, the industry began to self-regulate by decreasing THC concentrations and making serving sizes more visible. The government itself later responded by introducing regulations on how much THC constitutes a serving size and how many serving sizes are permitted in a single unit. In many ways, the new regulations more closely mirror the programs in places like the Netherlands.

Colorado’s adult-use marijuana industry is now on much more solid ground after spending the past year refining the model. With over $50 million in tax revenue collected to date, the industry has taken hundreds of millions of dollars out of the black market and used the proceeds to fund awareness programs, schools, and other public works. The state has also provided valuable lessons to other states exploring their own programs.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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