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New Record: Colorado Marijuana Sales Topped $226 Million In July

September 17, 2020
AggregatedNews
Colorado
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Marijuana sales continue to set new records in Colorado, eight years after recreational use was legalized in the state. Sales topped $226 million in July, according to the Department of Revenue. Marijuana dispensaries were deemed essential businesses during the coronavirus…

Colorado cold snap destroys millions of dollars worth of marijuana plants, could disrupt industry

September 11, 2020
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Colorado
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Early cold temperatures and snow in Colorado may have destroyed millions of dollars worth of outdoor plants, cannabis and hemp companies said. The drop of about 70 degrees Fahrenheit occurred too early in the growing season for farmers to harvest…

USDA on Colorado’s State Hemp Plan: Try Again

The U.S. Department of Agriculture has sent Colorado officials back to the drawing board to revise the state's proposed hemp-farming laws submitted to the feds in June. Legalized nationwide in late 2018, farming of industrial hemp is still subject to…

Colorado Explores More Eco-Friendly Marijuana Regulations

Legal marijuana could become less of a strain on Colorado's environment if the pot industry embraces a new set of waste removal and packaging rules — but not without a three-way tug-of-war between saving money, preventing black market sales and…

June was Colorado’s biggest marijuana sales month ever. July was likely bigger.

June marks the first month in Colorado history that recreational marijuana shops sold more than $150 million worth of products as cannabis consumption during the COVID-19 pandemic continues to set industry records. Recreational marijuana consumers spent $158,102,628 at Colorado shops in…

How CO HB1090 Cements Importance of Due Diligence in the Cannabis Industry

July 30, 2020
Chris Woods
Banking, Finance & Real Estate, Colorado, Opinions, The Buck Stops Here
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Colorado House Bill 19-1090 has dramatically altered cannabis business ownership and investment across the Centennial State. Prior to its passage in late 2019, ownership in a Colorado marijuana business was limited to private companies of 15 or fewer individual owners.…

Colorado cannabis sales hit new all-time high in May at more than $192 million

That’s the biggest single-month tally since recreational sales began in 2014 Cannabis sales in Colorado set a new monthly record in May, hitting their highest level since recreational sales began in 2014. Dispensaries sold $192,175,937 worth of products in May,…

Colorado Gov. Jared Polis says pardons for marijuana convictions can start in 90 days

Colorado Gov. Jared Polis signed a bill into law Monday that allows him to mass-pardon Coloradans with minor marijuana possession convictions, although he has not said exactly how the process will work. Lawmakers passed House Bill 1424 on June 15, the last…

Colorado lawmakers let governor mass-pardon marijuana possession convictions

The governor would be able to mass-pardon marijuana convictions for possession of 2 ounces or less if he signs a bill that gives him that authority. It was the last amendment to the last bill considered Monday before Colorado’s General…

Despite legalization, people of color still disproportionately targeted for marijuana, new studies say

Marijuana legalization has been touted as one way to unravel the consequences of the war on drugs, but two new studies suggest that the communities most harmed by the nearly 50-year crusade — namely people of color — are not…

Cory Gardner’s marijuana problem

A win for the influential industry could help the Colorado Republican on Election Day, but he's been striking out. Republican senators have a common refrain when asked about cannabis policy: “Cory talked to me about it.” Colorado Sen. Cory Gardner…

Does Easy Legal Cannabis Delivery Exist In Colorado? Yes, But It’s Almost Impossible To Find

Colorado became the first state in the nation to legalize recreational cannabis back in 2012. Eight years later, during a historic pandemic that has confined much of the public to their homes, Colorado is on schedule to be the last…

Second Colorado dispensary will soon begin offering marijuana delivery

Boulder will soon be home to two dispensaries legally delivering medical marijuana. Helping Hands Cannabis on Pearl Street recently procured its license for delivery and expects to begin service to medical patients in mid-May, according to co-owner Johnny Kurish. Kurish…

Cannabis In Colorado Isn’t Like A Normal Business. The Challenges Of Coronavirus Really Drive That Home

In about two hours, Denver Mayor Michael Hancock taught public officials a valuable lesson about the meaning of the word “essential.” When he announced the city’s stay-at-home order on March 23, Hancock said recreational marijuana dispensaries, as well as liquor stores,…

Colorado’s marijuana businesses can remain open during pandemic, but they say they’re still struggling

Cannabis companies, and the consultants and lawyers who aid them, not eligible for federal stimulus money As the coronavirus fueled changes in regulation for Colorado’s cannabis industry, leaders at LivWell Enlightened Health knew they needed to make dramatic moves to…