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

Marijuana sales drop in Colorado after huge surge in July

October 14, 2021
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Colorado
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Medical and retail marijuana sales fell in August for the second consecutive year, while the state's tax and fee revenue also declined, according to the Colorado Department of Revenue's September report. Prior to last year, marijuana sales throughout the month of…

Proposition 119: Voters to decide whether to raise marijuana taxes to pay for out-of-school learning

Colorado voters will decide next month whether to raise taxes on recreational marijuana to help fund a new state program aimed at providing Colorado students with out-of-school learning opportunities. The program, called Learning Enrichment and Academic Progress, or LEAP, would…

Did Colorado’s Marijuana Industry Finally Plateau Over the Summer?

Colorado sales figures and budget predictions show that the marijuana industry's growth is finally flatlining after COVID-19's sales boost. Unlike much of the economy, the cannabis industry largely benefited from the COVID-19 pandemic, with Colorado dispensaries breaking records on their way…

Colorado sold $202M of marijuana in July but sales continue to slow

September 14, 2021
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Colorado
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Colorado registered more than $202 million in marijuana sales in July, the state Department of Revenue (DOR) said on Friday. The total represents a month-over-month sales increase of 8%, with the largest increase coming from the recreational side. Colorado sold…

April Marijuana Sales Set Ground for a Big Summer in Colorado

Colorado marijuana sales fell from March to April, according to the state Department of Revenue, but historical data shows that 2021 is set for one big year. Despite April 20 (4/20) being one of the largest sales days or weekends of…

Colorado marijuana regulation bill sails through the legislature

More than seven years after recreational marijuana shops opened in Colorado, the state legislature is sending a unified message of concern about what high-potency products might do to young people. Lawmakers gave final approval Tuesday to HB21-1317, the most sweeping…

Colorado lawmakers’ effort to curb illegal use of high-potency marijuana by teens is stoking privacy concerns

State lawmakers and medical marijuana patient advocates are concerned that a bill at the Colorado state Capitol to regulate cannabis concentrates, in part by tracking purchases, could compromise patient privacy. Colorado uses “seed-to-sale” software known as METRC to track cannabis production from…

Marijuana regulation bill overwhelmingly passes in Colorado House

The Colorado House of Representatives passed the state’s most substantial marijuana regulation policy since legalization on Thursday, intending to crack down on youth access to high-potency THC products and tighten rules for the medical marijuana market. HB21-1317 passed overwhelmingly, 56-8, and moves on…

Governor to issue more pardons now that Coloradans can legally possess up to 2 ounces of marijuana

Colorado Gov. Jared Polis said Thursday that he will issue additional pardons to Coloradans convicted of low-level marijuana possession crimes now that he’s signed a bill into law allowing people to have up to 2 ounces of cannabis. House Bill…

Colorado Lawmakers Aim to Restrict Medical Marijuana Access and Concentrate Sales

A new bill proposed by Alec Garnett, Colorado's Speaker of the House, calls for more packaging restrictions for commercial marijuana concentrate and tighter rules for medical marijuana patients and physicians, including a required THC dosage amount and tracking system for…

Social equity in marijuana industry still largely pipe dream

Terrence Hewing was working for a package delivery company in 2007 when police approached his cargo van in suburban Denver. He was early for a pick up, and someone out for a walk called authorities after seeing him napping in…

Colorado reckons with high-potency marijuana and its impact on children

Lafonna Pacheco hardly recognized her daughter, Roxanne Delte, by the time she turned 17. “It wasn’t just a teenager thing,” Pacheco said. “It was beyond that. She was paranoid, she was oppositional. Something mentally was going on and it was…

Legal weed in NM may be a buzzkill for Colorado dispensaries

Legal recreational cannabis has been an economic boon for Trinidad and many other small towns across Colorado’s southern border. But New Mexico’s recent legalization of recreational cannabis could force dispensaries in the region to adapt to shifting demand as operators…

Colorado

New Mexico marijuana legalization poses a serious threat to Colorado’s lucrative border-town pot shops

When Colorado legalized the retail sale of marijuana in 2012, savvy entrepreneurs saw an opportunity beyond setting up shop in population centers like Denver and Boulder. They realized if they opened cannabis businesses in small towns along the state’s borders,…

Weed delivery will happen in Denver starting this summer, to be followed by more dispensaries and consumption clubs

Denver’s about to become even more marijuana-friendly, with weed delivery likely starting this summer after the Denver City Council unanimously agreed Monday to overhaul the local industry with two sweeping measures. The changes have been in the works for several years,…

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