Amid a statewide decline in cannabis sales, NuVue Pharma is bucking the trend.
The Pueblo-based medical and recreational marijuana dispensary chain recently opened a location in Cortez, its sixth in Colorado. Next up is an outpost in Gunnison. And soon, the company will make its first out-of-state expansion, with new stores in Albuquerque.
Despite six other local dispensaries to compete against, NuVue decided on Cortez because of the tourism to the area, as well as its proximity to Utah, Arizona and New Mexico.
“While Cortez is a smaller town, (we) do see a large amount of traffic traveling through,” said cultivation specialist and Chief Operating Officer Katharine Avery.
But while NuVue expands, the broader Colorado cannabis market………