Colorado may see its biggest overhaul of marijuana laws since recreational legalization March 12, 2021 AggregatedNews Colorado 0 Comments They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic. As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only… Read More→
Colorado marijuana sales hit $2.2 billion in highest-selling year yet February 11, 2021 AggregatedNews Colorado 0 Comments Amid a global pandemic that disrupted many facets of commerce, Colorado’s marijuana industry experienced its most lucrative year on record with $2.2 billion in sales in 2020. According to figures released Tuesday by the state Department of Revenue, dispensaries sold… Read More→
Colorado’s marijuana industry flexed its big muscles and now an effort to limit pot potency is unraveling February 10, 2021 AggregatedNews Colorado 0 Comments State Rep. Yadira Caraveo says her proposal to limit the potency of marijuana sold recreationally in Colorado was just in its beginning stages. But when draft legislation was recently leaked and prominent figures in the state’s cannabis industry created an… Read More→
A Colorado Democrat wants to cap THC levels in marijuana products at 15% February 5, 2021 AggregatedNews Colorado 0 Comments The lone medical doctor in the Colorado legislature is looking to cut back the THC content on the most potent cannabis products, among other changes that would have major impacts on the state’s cannabis industry. State Rep. Yadira Caraveo, a… Read More→
Inside Polis’s $5 Million Plan for Marijuana Social Equity in Colorado January 26, 2021 AggregatedNews Colorado 0 Comments Governor Jared Polis wants to see $5 million put in a new state fund intended to advance marijuana industry involvement among communities impacted by the War on Drugs, with the majority of that money going toward small grants and low-interest loans.… Read More→
A New Sales Record Isn’t The Only Milestone Colorado’s Cannabis Industry Saw In 2020 January 18, 2021 AggregatedNews Colorado 0 Comments Like so many things about 2020, cannabis sales in Colorado were outrageous; people spent more than $2 billion on products. That's more money than they ever have before. That total continues the industry’s upward trajectory and breaks the previous record… Read More→
November marijuana sales push Colorado’s industry to $2 billion annually for the first time January 13, 2021 AggregatedNews Colorado 0 Comments Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time. In November, dispensaries sold $175.1 million worth of products, according to figures released by the Department of Revenue on Tuesday. Recreational sales accounted for… Read More→
Marijuana delivery, social equity reform and other Colorado cannabis trends to watch in 2021 December 29, 2020 AggregatedNews Colorado 0 Comments Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it. Dispensaries across the state were declared essential businesses and allowed to operate while bars, restaurants and gyms were forced to close.… Read More→
2020 is already the highest-selling year for weed in Colorado December 10, 2020 AggregatedNews Colorado 0 Comments And the year isn’t even over yet Colorado dispensaries sold more marijuana in the first 10 months of 2020 than they did during a record-setting sales year in 2019. October sales totaled more than $199.7 million in October, pushing the… Read More→
Countless Coloradans left out of Polis’ marijuana conviction pardoning December 2, 2020 AggregatedNews Colorado 0 Comments Michael Diaz-Rivera was 19 years old when he was arrested in 2006 for felony marijuana possession in Colorado Springs. He had less than an ounce, but took a plea deal for 8 ounces or more to avoid a charge for… Read More→
Colorado Marijuana Sales Up Nearly 25 Percent From Last Year November 11, 2020 AggregatedNews Colorado 0 Comments Marijuana sales are experiencing their annual fall dip in Colorado, but they're still comfortably outperforming last year, according to figures from the state Department of Revenue. Dispensaries tallied almost $206.5 million in sales during September, state data shows, a slight drop… Read More→
Has Colorado’s Marijuana Industry Reached Adulthood? October 21, 2020 AggregatedNews Colorado 0 Comments Colorado's pot industry has finally grown up, according to a new report commissioned by the state Marijuana Enforcement Division. The MED hired the Marijuana Industry Group and the University of Colorado Leeds School of Business to compile a report on the state of the green… Read More→
Colorado Marijuana Sales Top $1 Billion Since Pandemic Began October 13, 2020 AggregatedNews Colorado 0 Comments Colorado has seen over $1.1 billion in marijuana sales since the COVID-19 pandemic began in this country, according to figures from the state Department of Revenue. Legal marijuana sales topped $200 million in August for the second month in a row,… Read More→
Colorado governor to mass-pardon 2,700-plus marijuana convictions October 2, 2020 AggregatedNews Colorado 0 Comments Colorado Gov. Jared Polis plans to mass-pardon 2,732 convictions of low-level marijuana possession through an executive order Thursday after signing a bill earlier this year that gave him that authority. “This really catches Coloradans up with where the law is today,” he… Read More→
Marijuana Licenses for Low-Income Entrepreneurs Closer to Reality September 29, 2020 AggregatedNews Colorado, Social Equity 0 Comments Colorado marijuana regulators are closer to creating new business licenses for eligible entrepreneurs who lack funding, with the micro-license applications expected to become available early next year. Securing a marijuana license has proven to be a costly, lengthy venture for a… Read More→