After it became one of the first states in the U.S. to legalize recreational marijuana, Colorado saw a huge boom in business from the companies that suddenly had a new market to dive into and new customers to sell to.
Now some of that heat has cooled off, and businesses like The Hydro Shack in Frisco are feeling the effects. CBS Colorado’s Spencer Wilson interviews Kim Onasch inside The Hydro Shack. At one time, The Hydro Shack’s plant nutrient products aimed specifically at marijuana growers were moving off the shelves of the Summit County store quickly. Sales have slowed, and the owner of the business has decided to make a big change.
The Hydro Shack has always provided products for all types of plants and all types of gardeners. In the years since legalization, a big chunk of their clientele has been people planning to grow pot.
Kim Onasch said growing marijuana "is a hobby for a lot of people."
"And a lot of people have over the last 10 years have taken it commercial," she said.
That made for great business for Onasch, as people were coming in with big orders to fill and the sudden demand for weed was exploding in Colorado.
"For a while there, Colorado was sort of a special place. People would come here, it was kind of like a weed tourism place to come," she said. "So it was booming. Everybody wanted in on it. Everybody was growing."That was until at least half of the states in the U.S. […]
Decline in demand for marijuana in Colorado leads to tough decision for Frisco business
