Retail marijuana sales declining in Colorado April 14, 2022 AggregatedNews Colorado 2 Comments Colorado’s marijuana industry says it is seeing a “troubling trend” as retail sales decline for the second month in a row and medical cannabis sales dip to their lowest level on record. The Colorado Department of Revenue keeps a monthly… Read More→
As a Decade of Legalization Approaches, a Look Back at Colorado’s Marijuana Connection April 13, 2022 AggregatedNews Colorado 0 Comments Has it been almost ten years? The sky hasn't fallen, and Taco Bell hasn't yet won the fast-food wars. November 2022 will mark a decade since Colorado voters officially legalized recreational pot sales, yet our state's relationship with cannabis has… Read More→
Colorado Senate Rejects Attempt to Tighten Marijuana Industry Supervision April 6, 2022 AggregatedNews Colorado 0 Comments A Colorado Senate committee has rejected a bill that would have increased supervision of commercial marijuana businesses. Senate Bill 149 would have created new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product recalls and black… Read More→
Gov. Polis, Mayor Hancock celebrate first licensed marijuana hospitality establishment in Denver April 1, 2022 AggregatedNews Colorado 0 Comments Colorado Gov. Jared Polis and Denver Mayor Michael Hancock on Wednesday helped owner DeWayne Benjamin celebrate the city’s first approved social equity marijuana hospitality operator, Tetra Lounge. The lounge was approved for a hospitality license, meaning it will be a… Read More→
Colorado Lawmakers Want More Marijuana Industry Oversight March 14, 2022 AggregatedNews Colorado 0 Comments A group of Colorado lawmakers wants to increase oversight of the state's marijuana businesses, but the cannabis industry is ready to fight the proposal. Senate Bill 149, a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana… Read More→
Colorado sets record with $2.22 billion in marijuana sales last year February 11, 2022 AggregatedNews Colorado 0 Comments Colorado’s marijuana industry can celebrate 2021 as a record-breaking year with over $2.22 billion in sales. The new milestone follows a trend that’s grown since marijuana sales started in January 2014. Each calendar year has welcomed higher numbers, with the… Read More→
Colorado employers would no longer be able to fire their workers for using cannabis if a new bill passes February 9, 2022 AggregatedNews Colorado 0 Comments Colorado employers would be prohibited from denying employment to or firing workers because of their off-the-clock cannabis use – either medical or recreational – under a measure introduced last week at the statehouse. House Bill 1152 would also require employers to… Read More→
Colorado offers cannabis entrepreneurs free business education through a new program February 1, 2022 AggregatedNews Colorado 0 Comments Colorado’s cannabis entrepreneurs can look forward to a new technical assistance program aimed at providing education on business development within the industry. The Cannabis Business Office, which announced the program Monday, plans to partner on the initiative with Make Green Go!,… Read More→
Colorado’s cannabis industry makes modest gains in minority ownership January 25, 2022 AggregatedNews Colorado 0 Comments Almost 17% of regulated marijuana business owners in Colorado identify as minorities, according to new data by the Colorado Marijuana Enforcement Division, but one Black entrepreneur contests that there’s much more work to be done. “Cannabis ownership in Colorado is… Read More→
Wholesale Marijuana Prices Fall Hard Amid Sales Decline In Colorado December 21, 2021 AggregatedNews Colorado 0 Comments Colorado marijuana sales and prices are both dropping, in what may be more than a seasonal trend. The Colorado Marijuana Enforcement Division's latest average market rate (AMR), a set of median prices for different categories of wholesale marijuana, fell across the… Read More→
Colorado Marijuana Tax Revenue Breaks Annual Record December 14, 2021 AggregatedNews Colorado 0 Comments Colorado's annual marijuana tax revenue haul has already reached a new high for the seventh straight year, according to the latest data from the state Department of Revenue. The DOR's latest monthly report on marijuana tax revenue shows that November's $32.5… Read More→
Colorado to Require Four-Page Warning With Marijuana Concentrate Sales November 24, 2021 AggregatedNews Colorado 0 Comments A four-page warning about potential health effects and criminal penalties will accompany marijuana concentrate sales in Colorado by the beginning of 2023, according to the state Marijuana Enforcement Division, but it's unclear how often those warnings will be handed out. The… Read More→
Medical marijuana laws in Colorado will be more strict starting Jan. 1. Here’s how. November 12, 2021 AggregatedNews Colorado 0 Comments Colorado will impose stricter rules for the purchase of medical marijuana starting Jan. 1 following several months of deliberation over how to execute a new state law meant largely to limit young people’s access to and abuse of high-potency THC… Read More→
Marijuana sales drop in Colorado after huge surge in July October 14, 2021 AggregatedNews Colorado 0 Comments 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… Read More→
Proposition 119: Voters to decide whether to raise marijuana taxes to pay for out-of-school learning October 7, 2021 AggregatedNews Colorado 0 Comments 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… Read More→