Watch above: Barely a week after sales of recreational marijuana became legal in Colorado, some places can’t keep it on the shelves.
TORONTO – Since the state of Colorado allowed the first legal recreational marijuana shops to open as of Jan. 1, lineups have flowed onto the streets.
The 40 stores licensed and selling in the state must grow their own supply, so demand is limited. The price has doubled to $400 an ounce because of the strong demand.
After running out of their supply, The Clinic in Denver was forced to close early on Wednesday.
Evergreen Apothecary has seen a lineup for the past week, and has even attracted “pot-birds” – visitors from other states as far as Florida.
The owner decided to limit store sales to an eighth of an ounce rather than the full ounce allowed to Colorado residents, and a quarter ounce for visitors from elsewhere in the U.S.
Denver Councilman Charlie Brown originally opposed the legalization due to worries about the city’s image.
“I was fearful of—shall we say, cannabis chaos—but that didn’t turn out. It was really a marijuana milestone.”
With a report from CBS
WATCH: The legalization of cannabis has resulted in an estimated $70 million in profits for the state of Colorado, providing a strong fiscal argument for the legalization and regulation of the drug
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