Colorado infused products licenses skyrocket as MJ companies diversify

By John Schroyer

The number of licensed infused cannabis product manufacturers in Colorado has exploded in recent years, according to state records.

The surge reflects factors including Colorado’s lack of business license caps, a resulting oversupply of marijuana, and companies diversifying to boost their margins in one of the nation’s most competitive cannabis markets.

The statistics tell the story of businesses, including retailers and cultivators, branching into a new area of business to stay competitive. It’s also cheaper for these…

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