Colorado's Public School Investment Board, Denver, rehired Parametric Portfolio Associates as passive equity manager to run about $342 million for the state's $1.2 billion Public School Permanent Fund.
The board approved retaining Parametric at its Oct. 12 meeting, said Sheena Kadi, spokeswoman…
Colorado's Public School Fund Investment Board, Denver, rehired Callan as investment consultant for the state's $1.4 billion Public School Permanent Fund.
The board voted to rehire the firm at its April 11 meeting, said Sheena Kadi, spokeswoman for the Colorado Department of the Treasury, in an…
Marijuana Sales in Colorado: By the Numbers
By the end of 2018, Colorado’s cannabis market appeared to be flattening out. Transactions were growing, but price compression caused the year-over-year growth rate from 2017 to 2018 to fall to a meager +2.5%. But then, with changing consumer behavior and an influx of new non-flower products, cannabis sales began to surge. Pot retailers’ sales skyrocketed past projected figures, and by the end of the 2019, sales had increased by 13% over the previous year – with the state selling nearly $1.75 billion worth of marijuana products.
Now, a year later, and Colorado is crushing previous records once again. According to figures presented by the Department of Revenue, October marijuana sales in Colorado climbed to over $199.7 million – approximately $170 million in adult-use recreational products and $38.8 million in medical marijuana products. That massive number adds to the already impressive total reported by the state in previous mo