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The 10 Top-Selling Marijuana States in 2019

December 15, 2019
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California, Colorado, Policy & Legal, Washington
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Even though it hasn't exactly been the best year for marijuana stocks, cannabis is still projected to be one of the fastest-growing industries over the next decade. Worldwide weed sales have more than tripled, from $3.4 billion to $10.9 billion between…

In Random Mold Tests at 25 Denver Dispensaries, 80 Percent Fail

Denver recently conducted random tests of more than two dozen local dispensaries to learn more about potential yeast and mold issues with marijuana, and the results weren't good. On August 19, the City of Denver sent a notice to every licensed…

Colorado Marijuana Sales Continued Hot Streak in August

October 10, 2019
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Colorado
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Colorado marijuana sales continued their hot streak in August, according to the state Department of Revenue, reaching the highest monthly total ever. Medical and recreational dispensaries accounted for over $173.2 million in sales in August, DOR data shows. That number is easily…

Colorado’s top federal prosecutor says banks working with marijuana industry have “no carve out” from prosecutions

October 2, 2019
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Banking, Finance & Real Estate, Colorado
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Colorado’s top federal prosecutor says that he would never tell banks working with legal marijuana businesses in the state that they are devoid of criminal liability. “As federal prosecutors,” Jason Dunn told The Colorado Sun on Tuesday, “we will never…

More of the legal marijuana sold in Colorado is increasingly for recreational use

The recreational market continues to increase its share of Colorado’s legal marijuana sales, with a new report showing that 66 percent of the total pounds of marijuana flowers and 86 percent of the total units of edibles sold in 2018…

Colorado passes $1 billion in marijuana state revenue

Colorado has now generated more than $1 billion in total state revenue from the legal marijuana industry, another milestone for the state that legalized cannabis in 2014. Colorado already has posted some big numbers: More than $6 billion in total…

As states like Colorado legalize recreational marijuana, medical cannabis patients drop dramatically

When states legalize pot for all adults, long-standing medical marijuana programs take a big hit, in some cases losing more than half their registered patients in just a few years, according to a data analysis by The Associated Press. Much…

Colorado’s marijuana industry opened to outside investors Some of the state’s largest cannabis companies lobbied lawmakers

Colorado’s prohibition on publicly traded cannabis companies, which dates back to legalization and was previously preserved by former Gov. John Hickenlooper, is now a relic of the past. Gov. Jared Polis signed legislation Wednesday ending the ban, opening up Colorado’s cannabis industry to…

Colorado will allow marijuana delivery and tasting rooms soon under new laws — but with big catches

Starting next year, Colorado marijuana customers could begin getting their purchases delivered at home, like pizza. And people seeking to use marijuana socially — including tourists, who have few options for where to go — could consume what they buy in tasting…

Colorado raking in record marijuana money again in 2019, but in era of “stabilization” industry leaders look to impact of new legislation

Three major bills passed through the General Assembly in 2019 that could change the way the cannabis industry works in the coming years It’s become a predictable pattern in the era of legal recreational pot in Colorado. Every year, the…

Colorado marijuana sales hit all-time record for a single month

People spent more money on marijuana in March 2019 than any other month since recreational marijuana sales began nearly five and a half years ago. According to data released by the Colorado Department of Revenue, sales of recreational and medical marijuana…

Initiative 301—Cannabis After Magic Mushroom Decriminalization

When Denver voters approved Initiative 301 last week, they couldn’t have known that their votes may have impacted the future of cannabis legalization. For those who are unfamiliar, Initiative 301 essentially decriminalizes psychedelic mushrooms. While it does not make legal…

Colorado’s Marijuana Laws Are About to Change…Big Time

Coloradans voted for major change in November 2012, when they approved Amendment 64 and legalized recreational cannabis. Now Colorado lawmakers have approved changes that will prove almost as momentous. Measures opening the state to social pot use and commercial cannabis…

A new era dawns for marijuana in Colorado. But some believe relaxed rules go too far.

The 2019 legislative session may one day be remembered as a turning point for the marijuana industry in Colorado — the moment it came to be viewed not as a challenge to be controlled, but as an opportunity to be…

Gov. Polis signs bill authorizing medical marijuana use for autism

A bill allowing Coloradans with autism to use medical marijuana was signed into law Tuesday by Gov. Jared Polis. The new law — HB19-1028 — adds autism to the list of disabling medical conditions that allow a person to legally…