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New retail era begins in Colorado

The New Year began in unconventional fashion for retailers in Colorado where legal sales of marijuana by specialty shops are creating wide-ranging ramifications for other retailers.

Products with curious sounding names such as Trainwreck and Sour Diesel went on sales early Wednesday morning at shops in Colorado where residents can buy up to one ounce per day after voters in 2012 approved an amendment to the state constitution. A similar measure was passed in Washington state and stores there are expected to begin marijuana sales later this year.

The ramifications of new developments in Colorado as well as the growing number of states where marijuana is available for medicinal purpose where explored recently by Debra Friedman, a partner in the labor and employment practice at the law firm of Cozen O’Connor. Her views can be read here or for complete coverage of the emerging retail situation in Colorado, check out the Denver Post.

 

 

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