Colorado Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Sun Theory Puts the Sum of Its Parts to Work

December 9, 2024
Tom Hymes
Colorado, Company Stories, News & Insights, Spotlight
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Colorado-based Sun Theory is a distinctive type of cannabis company, forged out of experience, built to meet everyday demands, flush enough to control its immediate destiny, but still flexible enough to roll with the punches. Founded in 2017 by CEO…

Colorado

Colorado cannabis companies have a new strategy to attract more hesitant customers: weaker weed

November 26, 2024
AggregatedNews
Colorado
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“Low-dose cannabis products are one of the products in demand right now,” industry leader says At Terrapin Care Station, a Denver dispensary on Broadway, area manager Adam Shepler stood behind a counter displaying an array of more than 20 low-dose…

Colorado

Colorado Lawmakers Approve Big Changes to Marijuana Industry Rules

Dispensaries could soon resemble convenience stores now that lawmakers have passed a bill that will change industry regulations. Marijuana dispensaries could start resembling convenience stores now that lawmakers have passed a bill that would significantly change industry regulations. State legislators…

Lab tests show THC potency inflated on retail marijuana in Colorado

Cannabis flower sold in Colorado claims to contain much more tetrahydrocannabinol, or THC, than it actually does, according to my findings published in the peer-reviewed journal Plos One. THC is the psychoactive compound that is derived when cannabis flower – commonly referred…

Recalls increase for tainted marijuana in Colorado, as the industry calls for a study

January 17, 2024
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Colorado
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There’s so much mold and fungus in the world that scientists believe people probably breathe a little in everyday. But Colorado still doesn’t want it in cannabis. Last year, there was a sharp increase in health and safety advisories from…

Colorado

Colorado Springs marijuana dispensaries closing after failure of recreational sales question

Since voters declined to legalize recreational marijuana sales in Colorado Springs in November 2022, dispensaries in town have started to close as proponents of the ballot question predicted. The number of medical marijuana dispensaries in town is down from 114…

A timeline of what’s happened since Colorado’s first legal recreational marijuana sales began

It’s been 10 years since Colorado launched the first legal recreational marijuana market in the world and became a pioneer in drug reform. But when it came to the nascent industry, the first sales on Jan. 1, 2014, were more a starting…

Colorado

Cannabis taxes have not solved Colorado’s budget woes

December 11, 2023
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Colorado
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Cannabis taxes did not solve Colorado’s budget woes. That was never promised, or even implied by supporters of legalization. But some money is better than no money. From the earliest days of the 2012 political campaign to legalize cannabis, there…

Colorado

Colorado Hits Seven-Year Low in Marijuana Sales

November 16, 2023
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Colorado
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September's marijuana sales figures were the lowest since 2016. Colorado marijuana sales dropped on both a monthly and an annual basis in September 2023, according to the state Department of Revenue, hitting the lowest revenue total for that month since 2016.…

Denver hit $500 million in marijuana tax revenue. So where does the money go?

October 31, 2023
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Colorado
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Every time someone lights up a joint in Denver, the city government gets a couple cents in tax revenue. It turns out people have been busy; The city just passed half a billion dollars in taxes collected from legal marijuana.…

Colorado

Colorado Officials Propose Banning Marijuana Businesses From Unlicensed Events

October 31, 2023
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Colorado
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With two months left in a state rulemaking period, Colorado regulators are proposing a significant restriction to marijuana brands and cannabis event holders. During the Colorado Marijuana Enforcement Division's final public rulemaking hearing today, October 30, MED officials proposed banning licensed…

As more states legalize cannabis, the market for seeds is in full bloom

October 17, 2023
AggregatedNews
Colorado, Maryland, Minnesota, Policy & Legal, Virginia, Washington
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On 1 August, Minnesota became the latest state to legalize recreational cannabis use. That very same day, residents began to hit up Jim Cramond’s store, Strains of the Earth, clamoring for weed. But not just any type of weed – they were…

Colorado

Colorado Cannabis Officials Consider New Hospitality Rules

September 21, 2023
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Colorado
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Licensing officials could allow cannabis bars to sell more weed, but only one of these establishments currently exists in Colorado. "I want to watch the Super Bowl and get high. That's not weird." While Truman Bradley has no fantasy of…

Colorado falling behind marijuana enforcement goals

Colorado’s auditor recently released a performance audit that revealed the state is not meeting its goals in marijuana enforcement. The report from the Office of the State Auditor states that the Marijuana Enforcement Division “could improve its processes for prioritizing retail marijuana store…

Colorado

Colorado’s marijuana enforcement arm failed to inspect 1-in-3 new stores during COVID, audit finds

State department agree with findings, but highlighted recent 99% compliance rate for underage sales rules More than 1-in-3 new retail marijuana stores, or 40 out of 112, were not inspected within a year of being licensed, an audit of the…

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