DENVER — Some teenagers in Colorado, where marijuana is legal for adults, are shifting away from smoking in favor of edible cannabis products, a study released Monday shows. About 78% of the Colorado high school students who reported consuming marijuana in 2017 said they usually smoked it, down from 87% two years earlier. The number […]
Colorado
Reefer Madness or Pot Paradise? The Surprising Legacy of the Place Where Legal Weed Began
Colorado’s first-in-the-nation experiment with legalized marijuana has infused the drug into almost every corner of life. DENVER — Serenity Christensen, 14, is too young to set foot in one of Colorado’s many marijuana shops, but she was able to spot a business opportunity in legal weed. She is a Girl Scout, and this year, she […]
Marijuana Bills Introduced in Colorado Legislature in 2019
We’re over two months into Colorado’s 2019 legislative session, and pot proposals have been creating plenty of buzz at the State Capitol. While bills to provide medical marijuana patients with firearms rights and altered-state DUI laws regarding marijuana use are as good as dead, measures that would expand medical marijuana access, allow pot delivery and set up […]
Why 2019 Could Be Marijuana’s Biggest Year Yet
On November 7, the day after Democrats seized control of the House with what would become a 40-seat swing, President Trump fired his Attorney General, Jeff Sessions. That day, at his home in California, Smoke Wallin’s phone blew up with congratulatory calls from friends and associates celebrating the political demise of the nation’s top law […]
Meet America’s first pot governor, Colorado’s Jared Polis
The governor-elect takes office at a significant moment in Colorado for the cannabis industry. Jared Polis takes office Tuesday as Colorado’s new chief executive — and America’s first pot governor. The Democrat’s long-standing support for legal marijuana, his embrace of the industry as a core part of his campaign agenda and his unique strategy to […]
The 2018 Farm Bill – What it Means for Hemp Farmers’ Tax Bill
CPA Covers The Income Tax Implications for Hemp Farms after the new 2018 Farm Bill The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) has officially been signed into law. One of the major components of this legislation of industrial hemp. This blog post will mainly focus on what the tax implications of this legalization and […]
Fresh Competition Brewing in Cannabis Beverages
Cannabis beverages have been on the receiving end of a fair bit of press during the past year. In August, beverage conglomerate Constellation Brands dropped $4 billion for 38 percent of Canopy Growth, a big Canadian cannabis cultivator. Even Coca-Cola is reportedly getting in on the ganja gulping game, although for now they are considering […]
Munchies of Choice Vary Between States’ Edibles Consumers
We smoke, vape and slather our weed. We affix patches infused with THC to our arms. And more and more of us, too, eat our reefer. So far during 2018, edibles sales in major states garnered 15 percent of market share among all cannabis sales, behind flower and concentrates according to cannabis research firm BDS […]
Cannabis Consumers and Strains: Fealty and Fickle
Cannabis enthusiasts are loyal consumers of strains, finding favorites and sticking by their sides for years. Right? Sometimes. But they are fickle, too. While it is true that some consumers rarely vary from a few strains, often for wellness issues (White Widow manages my anxiety, or Harlequin helps me sleep), other consumers experiment wildly with […]
Infused Pre-Rolls Fizzle in CA, Light-Up in CO, OR
Back in the Wild West days, before California enacted adult-use sales as well as a much more comprehensive regulatory structure, it was the land of the infused pre-rolled joint. For all of 2017, for example, pre-rolls — joints that in addition to flower contain concentrates like hash and caviar, among others — harnessed 28 percent […]
Balms, Lubes, Patches: The State(s) of Topicals
As the cannabis market matures across the second decade of the 21st century, some aspects of the industry, such as flower’s lead (albeit steadily diminishing) in market share, are likely to hold steady. But the cannabis market is ever-evolving. By July of 2021, market snapshots will reveal different consumer trends in pot-friendly states. For example, […]
Med and Rec in Colorado and Oregon Go Own Ways
Before pot shoppers in Colorado and Oregon open their wallets for a gram of Green Crack or a vape pen, they first must decide which kind of store to visit: medical or adult-use. Both dispensaries will carry roughly the same mix of flower, concentrates, edibles, topicals and other products. But sales at the two kinds […]
Candy Sweetens Cannabis Edibles Market
Candy rules the edibles market, and it always has. But within the candy category, which includes gummies, mints, hard candy, caramels and more, trends diverge between states according to data from cannabis market research firm BDS Analytics. But one candy, gummies, dominates in Colorado, Oregon and California. In Colorado, gummies grab 77 percent of the […]
Cannabis Beverages Modest Market, But Thirst Growing
The cannabis beverage market is not large, compared to categories like flower and concentrates — less than one percent of all cannabis sales in Colorado, Oregon and California were spent on beverages during April of this year, for example. But interest in beverages, despite the category’s modest size, makes sense for a variety of reasons, […]
What’s Cheap? Depends Upon Where the Sales Takes Place
How much is that bag of Kosher Kush-infused gummies in the window? Among other things, it depends upon the state from which the tropical-fruit gummies are purchased. Colorado? Ouch. The average gummy product — most of which are packages containing 100 mg of THC divided between 10 individual gummies (unless the product is for microdosing, […]
Distillate Rises From Depths to Beat Oil In Vapes
When vapes hit the market, the style of vape cartridge filled with cannabis oil dominated sales. While the vape marketplace included products like distillate and Live Resin cartridges, the straightforward oil was No. 1. Just two years ago, during the first quarter of 2016, oil cartridges captured 84 percent of the entire Colorado vape market […]
Colorado’s first-in-the-nation marijuana “tasting rooms” bill heads to Hickenlooper’s desk
Concept would allow adults to vape, consume edibles at current recreational marijuana retailers Licensed marijuana “tasting rooms” could be operating in Colorado by this time next year if Gov. John Hickenlooper signs a first-of-its-kind bill that state lawmakers sent to his desk Thursday. The bill allows adults at current recreational marijuana retailers to consume small […]
How High Are Recreational Marijuana Taxes in Your State?
As public opinion increasingly favors the legalization of recreational marijuana, a growing number of states must determine how to tax legal sales of cannabis. To date, nine states (Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, and Washington) and the District of Columbia have legalized recreational marijuana, but only eight of these jurisdictions have legal markets. […]
