With the quantity of states that have legalized recreational marijuana use nevertheless somewhat modest, it is a logical consideration that vacationers will be drawn to these states for marijuana tourism. For Colorado, that assumption has been verified by means of lately released statistics.
Colorado Tourism performed a study that discovered that of the 82.four million guests to the state in 2016, roughly 15% or 12 million of these at least participated in marijuana-connected activity although they have been in the state. Of that group, about five% admitted that marijuana use was their key motivation for a go to to Colorado.
With the numbers in print, the subsequent conclusion would be that states like California, Nevada, and Washington will be seeing a equivalent boost in sales in coming years. A lot of dispensaries and storefronts that deal with marijuana-connected item lines have adjusted to meet demands that include things like these of vacationers, with a concentrate on delivering a wide choice of item.
The enhance in tourism will be a welcome one particular for Nevada, which has lost some appeal to vacationers as other states have legalized gambling. The state hopes to take benefit of the narrower industry for recreational marijuana as extended as that industry offers them an edge.
In truth, in 2017, Nevada saw an uptick of 25% additional than they anticipated in tourism, due mainly to the truth vacationers can take pleasure in marijuana legally inside the state’s borders.
A study by Grand View Study, meanwhile, has set estimates of the worth of the international marijuana industry at $9.three billion in 2016, with projections to see the worth skyrocket to $146.four billion by the year 2025. With this substantial enhance in worth anticipated, it is logical for these states to hope for — and perform towards — escalating their personal proportional slices of the marijuana sector pie.
Specific states have currently shown a prepared thoughts to adjust and adapt, possessing incorporated marijuana tourism in their web-site copy. Meanwhile, other people have began generating numerous tourist-focused activities, from wine tours to Yoga and marijuana and even a bed-and-breakfast expertise that centres about the newly legalized drug.