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Colorado medical marijuana sales take a nosedive. Is the end nigh?

Colorado medical marijuana providers are seeing declines in sales. Since the peak of summer 2011, more than 40,000 patients have fallen off the medical marijuana registry. And since recreational stores opened in 2014, the registry has fallen more than 20 percent.

Medical cannabis is on the decline. Sales have dropped for 19 straight months in Colorado. That was the expectation as recreational stores took hold, but the data shows the declines have accelerated.

Tim Cullen, who runs Colorado Harvest in Denver, got into medical cannabis because he believed in its medicinal properties.

“It’s near and dear to my heart, because it’s how we started, and it’s what we feel passionate about, and still do,” Cullen said. “It’s hard to watch it just morph into a recreational market, but that is what’s happening.”

Read the rest of the story at Colorado Public Radio.

Year-over-year change in sales of medical cannabis in Colorado. Data provided by Colorado Department of Revenue.