Some businesses are calling it ‘Green Friday,’ but the annual day-long shopping spree that follows Thanksgiving is going to be celebrated throughout many facets of the cannabis industry, according to a recent Bloomberg News article.
At least one Denver dispensary, Grass Station, will be featuring some major deals in honor of the holidays. The store will sell sixteen ounces at $50 each (about one fifth the normal price), and sixty pre-rolled joints at $1 each. “We have really high expectations,” said 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.”
Of course, businesses may have a hard time getting the word out on any of their offerings due to strict regulations regarding marijuana advertisements. Many shop owners report being too focused on compliance with regulations to even concern themselves with the holiday season.
The marijuana market nation-wide is estimated to be worth about $2.3 billion this year. Oregon, Alaska, and Washington D.C. will be opening their doors to the cannabis industry soon, which could lead to a $10 billion industry by 2018.
Sources:
http://www.bloomberg.com/news/2014-11-24/marijuana-shops-seek-holiday-surge-with-green-friday-.html
Photo Credit: Diariocritico de Venezuela