Tag: Colorado

Two Exhibits in Colorado Feature Art Inspired by Mushrooms, Cannabis

June 11, 2024 · High Times

Two new exhibits recently opened up in Denver, Colorado exploring themes surrounding magic mushrooms and cannabis. The show features works from 13 different artists, such as Noah Travis Phillips. According to an interview with Westword, Phillips explained his thought process behind the theme. “I definitely thought of the diverse array of mushrooms,” Phillips said. “All the ways fungus and mushrooms exist in the world, the different ways that humans interface with them—whether as food, or an intoxicating substance, or all of the… Read more.

Cannabis Makes Gym Workouts More Fun Says New Fitness Study

May 5, 2024 · Cannabis.net

New Study Says Cannabis Makes Workouts More Fun Forget Performance-Enhancing ‘Drugs’; Just Smoke Pot Despite the well-known importance of regular exercise, not everyone looks forward to an hour at the gym, running, or any other kind of popular workouts these days. While there are some people who willingly wake up at the break of dawn to work out, or look forward to pumping weights at the gym after a long day of work, for the rest of us, it’s nothing but a chore. But… Read more.

The Best Weed Dispensaries in Denver Right Now

April 14, 2024 · Thrillist

Whether or not you think Denver’s weed scene has lost the shiny luster of novelty, you have to admit the options—from products to places—are almost overwhelming. With so many dispensaries ready to fulfill needs for flower, edibles, and cartridge refills, we’ve put together a list of favorites—those with crazy-good daily deals and the best strains this side of the Mississippi, among other factors. From Baker to Five Points and beyond, here are the best dispensary options no matter what neighborhood… Read more.

Naropa University Offering Minor in Psychedelics Studies

April 4, 2024 · High Times

Officials at Naropa University in Boulder, Colorado announced last week that the college will offer a minor in psychedelics studies to prepare students for careers related to the class of drugs, which show great therapeutic potential. The new program, which is slated to launch in the fall, is designed to give students a humanities and social science approach to studying psychedelics. The new minor was created for students who wish to study the historical and current applications of psychedelics and… Read more.

Colorado Bill Banning Social Media MJ, Drug Posts Raises Constitutional Concerns

April 3, 2024 · High Times

Since states across the country first began legalizing cannabis, the ability for cannabis-related businesses to advertise on social media — or even mention or show cannabis products — has remained a contentious issue.  Many platforms will quickly remove cannabis business accounts once they catch wind of their content, leaving professionals with limited access to their audience and ultimately having to jump through hurdles like self-censorship to maintain their accounts. Some have also questioned if the consistent censorship surrounding cannabis and other drug… Read more.

Colorado Amendment Addresses Concerns On Banning Social Media Marijuana Posts, But Questions On Psychedelics And Other Drugs Remain

March 31, 2024 · Marijuana Moment

Colorado lawmakers advanced an amended social media bill on Thursday that, as introduced, would have forced platforms to ban users for talking positively about marijuana online. But while the sponsor says the issue has now been “worked out” with recent changes, critics contend the revised legislation still fails to address concerns around statements regarding other substances, including state-legal psychedelics, certain hemp products and even some over-the-counter cough syrups. The bill, SB24-158—a broad proposal concerning internet age verification and content policies—would… Read more.

Colorado marijuana growers can access more diverse genetics

March 29, 2024 · MJ Biz Daily

Colorado’s marijuana cultivators now have freedom to procure genetics from a wider variety of sources. Senate Bill 23-271 went into effect in January, part of a larger effort to improve conditions for Colorado operators while also protecting public health and safety. Some hope the new opportunities set out by the rules will also help boost sales, which have slumped since the record-breaking sales of the COVID-19 pandemic. Colorado cultivators previously could source new genetics from other licensed cultivators in the state. That meant growers could… Read more.

New Study Reveals THC Potency Inflation in Colorado Weed

March 28, 2024 · High Times

A majority of cannabis flower products purchased at licensed retail pot shops in Colorado contained less THC than indicated on the label, according to a study performed by a researcher at the University of Colorado Boulder. The study showed that THC levels indicated on the label of approximately 70% of products tested were at least 15% higher than those reported by a third-party lab after purchase. The research was conducted by Anna Schwabe, an associate lecture professor of modern cannabis… Read more.

Tripping Balls and Someone Calls an Ambulance? – Denver Has You Covered with First Responders Trained in Psychedelics

March 18, 2024 · Cannabis.net

Denver is going to introduce a thorough psychedelic response training program, which has been planned for over four years. Law enforcement, mental health specialists, and emergency responders who work in Denver's City and County are the target audience for this program. This was first presented on March 11 by the Multidisciplinary Association for Psychedelic Studies (MAPS). Following Denver's historic decision in 2020 to legalize small amounts of psilocybin mushrooms, the Denver Psilocybin Mushroom Policy Review Panel created the Psychedelic Crisis Assessment and Intervention… Read more.

Denver Begins Psychedelic Training For First Responders

March 15, 2024 · High Times

The Multidisciplinary Association for Psychedelic Studies (MAPS), a 34-year-old nonprofit research and educational organization “that develops medical, legal, and cultural contexts for people to benefit from the careful uses of psychedelics and marijuana,” announced in a press release on Monday that it “has partnered with the City and County of Denver to provide comprehensive training on psychedelic crisis assessment and intervention to the city’s first responders.”  The Psychedelic Crisis Assessment and Intervention training was “commissioned by the Denver Psilocybin Mushroom Policy Review… Read more.

Green Rush Leaves ‘Ghost Town’ of Grow Facilities in Ordway, Colorado

January 23, 2024 · High Times

Is a town in Colorado the first to become a cannabis ghost town? Westword’s Thomas Mitchell reported that the green rush of cannabis business licenses in Colorado left the town of Ordway a “ghost town,” filled with vacant growing operations. Hasn’t this happened before? Out of the hope of profitable veins of gold sprung boomtowns during the California Gold Rush, a mid-19th century rush of people seeking a fortune from gold. Bodie, California, for instance, soared to over 8,000 people looking for gold… Read more.

Colorado Cannabis Sales Hit a New Low Not Seen Since February of 2017 – The Cannibalization of the Cannabis Consumer

January 22, 2024 · Cannabis.net

Colorado's medicinal marijuana industry continued to deteriorate in November 2023, with sales amounting to just $14.5 million, an 11.5% fall from the same month the previous year. This November was the state's cannabis industry's fourth straight month of declining sales, indicating a concerning trend. Colorado will likely witness significant declines in marijuana sales for the second year in a row. The "beggar they neighbor" policy of out-of-state consumers crossing over state lines to get their medical or recreational marijuana seems to be dying.… Read more.

Colorado enacts new laws and regulations for marijuana industry

January 8, 2024 · MJ Biz Daily

A slew of new cannabis laws and regulations went into effect Monday in Colorado, addressing issues such as online retail sales, intoxicating hemp products, lab testing and hospitality. Among the new laws and rules highlighted by the Colorado Marijuana Enforcement Division (MED) in an announcement last week: HB 23-1279: Lifts restrictions of online cannabis product orders and payments at retail stores. SB 23-271: Authorizes regulators to develop rules and potential restrictions regarding chemical modifications, conversions or synthetic derivatives of cannabinoids. The law… Read more.

Scientific Study Finds Cannabis Makes Exercise More Enjoyable

January 5, 2024 · Ganjapreneur

The long-standing stereotype that cannabis use leads to inactivity is being challenged by new research suggesting that cannabis might actually make working out more enjoyable. The study, titled “Acute Effects of Ad Libitum Use of Commercially Available Cannabis Products on the Subjective Experience of Aerobic Exercise: A Crossover Study” conducted by researchers Laurel P. Gibson, Gregory R. Giordano, L. Cinnamon Bidwell, Kent E. Hutchison, and Angela D. Bryan, sheds light on the relationship between cannabis use and exercise, potentially changing the narrative… Read more.

The Future Is Here: AI & Cannabis

January 5, 2024 · Cannabis Now

As we enter the ten-year anniversary of the first two states to legalize cannabis (Washington and Colorado), the industry finds itself in a brand-new chapter. Gone are the days of it being a minuscule industry in only a handful of places; adult use cannabis is now legal in 24 states plus DC, and once strongly prohibitionist states now have legitimate medical cannabis programs. The industry employs nearly 430,000 people and is estimated to reach nearly $32 billion in annual sales… Read more.

Voter Initiative Seeks to Let Cannabis Consumers Obtain Concealed Carry Permits

December 22, 2023 · Ganjapreneur

A Colorado voter initiative is seeking to let voters decide whether or not cannabis consumers should be allowed to qualify for concealed carry firearm permits under state law, according to a Denver7 report. Currently, state sheriffs are prohibited from issuing the permits to anyone who would be disqualified under federal law, which still recognizes cannabis as a prohibited, Schedule I substance. The initiative seeks to update state laws so that the lawful use of cannabis does not stymie one’s application… Read more.

Another major marijuana brand exits Colorado market

December 19, 2023 · MJ Biz Daily

Coda Signature, an early entrant in Colorado’s regulated marijuana market, is the latest brand to cut business operations in the state. The homegrown, award-winning cannabis edibles maker will concentrate efforts in other markets after facing escalating challenges in Colorado since the COVID-19 pandemic, according to Denver alt-weekly Westword. “Colorado’s cannabis market declines in recent years combined with the significant oversupply has caused the company to make the difficult decision to close operations in Colorado,” Coda Signature told Westword in a… Read more.

Denver Cops Bust 23 Suspects Accused of Dispensary Burglaries

December 12, 2023 ·

Law enforcement officials in Colorado last week announced the arrest of 23 individuals for their alleged involvement in more than 40 cannabis dispensary burglaries in the Denver metropolitan area. Denver District Attorney Beth McCann said in a statement on Friday that the 23 defendants are members of two separate organized crime groups. The arrests came following a lengthy investigation by several law enforcement agencies including the Denver District Attorney’s Office, Denver Police Department, Aurora Police Department, the FBI, ATF, the… Read more.

Colorado Governor Says Marijuana Prohibition Created A ‘Chicken And The Egg’ Research Dilemma That’s Blocked Federal Reform

December 9, 2023 · marijuanamoment.net

The governor of Colorado says that while marijuana reform is “not really a partisan issue” anymore, there are still “stodgy nanny state Republicans who want to control it.” Meanwhile, he says, ongoing prohibition has inhibited research into the science of cannabis that’s kept it strictly criminalized at the federal level. Gov. Jared Polis (D) is hoping that will change sooner rather than later. He and the governors of five other states sent a letter to President Joe Biden this week,… Read more.

What Percentage of Legally Sold Medical Marijuana Tests Positive for Pesticides, Mold, or Yeast? A. 75% B. 50% C. 25% D. 0%

November 28, 2023 · Cannabis.net

Do you remember the Cannabis.net story on how Colorado regulators are catching all sorts of cheating on lab testing for legally sold cannabis?  The premise destroys the idea that you should be paying more for lab-tested, legal weed, because, well, it was safer than street sold marijuana.  Now, not only are Colorado regulators catching legal suppliers spraying and cheating on lab results, Maine has popped up as a big problem for legal buyer of medical marijuana.  Two recent studies reveal that… Read more.

Colorado Market Rebounding Somewhat, but Contraction Isn’t Over

November 6, 2023 · Green Market Report

A longtime Colorado cannabis distributor and deal broker who works with dozens of farms and brands said he expects the cultivation sector in the state to continue shrinking more than it already has this year, but the wholesale market has already seen a bit of a rebound due to the contraction. “A few years ago, we had 1.4 million plants in the ground. Last I looked, it was around 900,000,” said Aaron Shaw, a longtime Colorado marijuana industry insider who runs a… Read more.

$6.91 for a Gram of Weed? – Which States Have the Cheapest Medical Marijuana?

November 2, 2023 · Cannabis.net

Cannabis cultivation in the United States traces its roots to the early colonists, who cultivated hemp primarily for textile and rope production. However, during the 19th and early 20th centuries, cannabis found extensive `use as a patented medicinal remedy, with its formal inclusion in the United States Pharmacopeia occurring in 1850. In 1937, cannabis was criminalized. The criminalization of marijuana was influenced by a combination of political and racial factors and was achieved through the enactment of the Marijuana Tax… Read more.

Ranks of women, minority cannabis execs rebound to pre-pandemic levels

October 25, 2023 · MJ Biz Daily

The percentage of women and members of minority groups holding executive positions in the cannabis industry has returned to pre-pandemic levels after a significant drop during the past three years, according to a new report from MJBizDaily. In 2019, MJBizDaily estimated that more than 36% of marijuana executives were women and 28% were from minority communities. Whether by choice or not, people from both groups exited cannabis leadership positions in 2020 after the COVID-19 pandemic upended the world economy. By 2021, women were estimated… Read more.

Colorado Marijuana Retailers Have 99% Compliance Rate In Underage Sales Checks, State Regulators Say

October 20, 2023 · marijuanamoment.net

Colorado marijuana regulators announced this week that out of 285 underage sales checks conducted at state-licensed cannabis stores this year, there have been only four failures—a compliance rate of about 99 percent. “While any failure is unacceptable,” the Colorado Department of Revenue’s Marijuana Enforcement Division (MED) said in the latest issue of its quarterly In the Weeds newsletter on Monday, “we’re pleased to report this very high compliance rate which is on par with the compliance percentage from 2022.” Records… Read more.

Colorado Governor Applauds Biden On Marijuana Rescheduling Recommendation, But Urges Action On Banking And FDA Enforcement Guidance

September 6, 2023 · marijuanamoment.net

The governor of Colorado is applauding President Joe Biden after his administration’s top health agency recommended rescheduling marijuana—but he says the initial move must be followed with more action to address cannabis banking, immigration, criminal justice reform and federal enforcement concerns. That should include developing Food and Drug Administration (FDA) guidance clarifying that it will not interfere in state-legal marijuana activities, he said. In a letter sent to Biden on Tuesday, Gov. Jared Polis (D) commended the U.S. Department of Health… Read more.

How Does the Tax Revenue from Marijuana Sales Help Your Community? Schools, Road Repair, Treatment Centers and More!

August 31, 2023 ·

Where do marijuana taxes actually go? Taking a deep dive into Colorado, a state that has had legal cannabis sales for over a decade, may open a window on how cannabis taxes are helping millions of people in the community. Starting from 2012, following the passage of Amendment 64 by Colorado voters, which marked the pioneering legalization of adult-use, recreational marijuana sales in the United States, the state has achieved an impressive milestone by exceeding $10 billion in cumulative sales. This accomplishment… Read more.

DeSantis Doubles Down On Opposition To Marijuana Legalization, Claiming Colorado’s Illicit Market Is ‘Bigger And More Lucrative’ After Reform

August 29, 2023 · marijuanamoment.net

Florida Gov. Ron DeSantis (R), a 2024 Republican presidential candidate, has reaffirmed that he would not legalize marijuana if elected to the White House—arguing contrary to evidence that the reform has actually increased the size of the illicit market in Colorado. During a campaign event in Iowa on Saturday, an attendee told DeSantis that she knows people whose children developed “cannabis-induced psychosis” and asked about whether he would move to legalize or reschedule cannabis under federal law if he became… Read more.

Cannabis Tax Revenues Outpace Other ‘Sin’ Taxes in Colorado

August 22, 2023 · Ganjapreneur

Cannabis tax revenues in Colorado are outpacing those of cigarettes, and other tobacco and nicotine products, and alcohol, according to an August 16 analysis from the Colorado Legislative Council Staff (LCS). In the 2022-2023 fiscal year, Colorado collected $282.3 million in cannabis tax revenue, compared to $233.9 million from cigarettes, $60.5 million from tobacco products, $56.4 million from nicotine products, and $56.1 million from alcohol.  Adult-use cannabis sales in the state carry a 15% excise tax, 15% special sales tax, and 2.9% general sales… Read more.

Baby Boomers Rushing to Cannabis as a Way to Improve Memory Function and Mood as CNN Reports

August 17, 2023 · Cannabis.net

The demographic experiencing the most rapid surge in cannabis usage within the United States is the baby boomer generation. This group, which holds an impressive $140 trillion of the nation's wealth, has captured the interest of analysts and researchers. These experts are delving into the reasons behind and extent of marijuana consumption among the 73 million individuals in this cohort. In addressing one aspect of this inquiry, it becomes apparent that seniors born between 1946 and 1964, who collectively possess $78.3 trillion in… Read more.

The Pioneer

August 7, 2023 · Cannabis Now

As one of the most profoundly accomplished female entrepreneurs in cannabis, Wanda James is simultaneously shattering the glass and grass ceilings. The founder and CEO of the Denver-based dispensary, Simply Pure, is blazing a trail for not only women of color, but for women in general.  James is the first legally licensed African American dispensary owner in the US. She attributes that to her strong work ethic; a willingness to trust her intuition; a readiness to pivot when necessary; and the influence… Read more.

Colorado Law Allowing Online Marijuana Sales Officially Takes Effect

August 7, 2023 · marijuanamoment.net

Colorado online marijuana sales are officially allowed as of Monday, giving consumers a new method of ordering cannabis more than a decade after the state enacted legalization. This comes two months after Gov. Jared Polis (D) signed the online sales legislation from Reps. William Lindstedt (D), Said Sharbini (D) and Robert Rodriguez (D) into law. The measure strikes language from state statute that explicitly prohibited cannabis from being sold on the internet, while adding regulations to provide for online commerce. Adults 21… Read more.

Judge Says METRC Can Withhold Tags From Colorado Licensee

July 18, 2023 · Green Market Report

Metrc didn't send invoices for nine years, but wants unpaid fees. A Colorado licensee has been fighting Metrc over unpaid fees for tags and in the latest round a judge said Metrc could withhold tags – potentially shutting down the business. Natalie Romolt is the Chief Executive Officer and owner of Colorado-based National Green Source (Green), which she acquired in 2018. Metrc is the vendor chosen by the state of Colorado to issue seed-to-sale tracking devices for the regulation of legal cannabis plants. Licensees in the… Read more.

How a Woman Quit Her Job and Built a $225 Million Net Worth Cooking Edibles

July 15, 2023 · Yahoo!Finance

One Colorado woman took setting high standards for herself to a whole new level — and made hundreds of million dollars doing so. In 2010, Nancy Whiteman left her high-paying consulting job to embark on a cannabis culinary adventure in Boulder, Colorado, long before recreational marijuana was legalized. Little did she know that her gamble would pay off in a big way. Today, as the 64-year-old founder of edible cannabis company Wana, she stands as one of the wealthiest self-made women in the… Read more.

Too Much Weed and Not Enough Customers, Colorado Sees the Worst 4/20 Sales in 5 Years

July 14, 2023 · Cannabis.net

This year, Colorado's marijuana sector suffered a severe setback when sales for 4/20, a major cannabis-related festival, were deemed the "worst" in five years. As MJ BIZ reported, The Marijuana Industry Group, a Denver-based trade organization, has expressed alarm about the industry's deteriorating status, which has seen decreased sales, firm closures, and staff layoffs. An excess of cannabis, insufficient demand, increased competition from other jurisdictions, dropping prices, a lack of cannabis tourism, and the persistent attraction of the illicit market all contribute… Read more.

Colorado sees ‘worst 4/20 in five years’ amid slumping April cannabis sales

July 11, 2023 · MJ Biz Daily

Colorado’s regulated cannabis industry suffered its “worst 4/20 in five years,” according to the Marijuana Industry Group, citing a roughly 14% decline in April marijuana sales from the same month last year. “Marijuana sales in the month of April haven’t been this low since 2018,” the Denver-based trade group noted in a news release. Monthly figures released by the Colorado Department of Revenue show nearly $131.6 million in total marijuana sales for April. That’s down from $153 million in sales in April 2022. Neither the Department… Read more.

Denver’s Illegal Cannabis Activity Falls, but So Do Legal Sales

July 8, 2023 · Green Market Report

Nearly a decade after Colorado ushered in legal adult-use cannabis sales, police in the state’s capital city report a significant drop in illicit product on the streets. According to the report from Denver’s municipal government, the city – which was the first in the U.S. to open adult-use marijuana retailers – has seen a 74% reduction in the amount of illegal marijuana processed by police since 2014. Denver’s leaders attribute that to a decrease in demand for unregulated products and the potential… Read more.

Colorado Makes Cannabis Social Equity History

July 4, 2023 · Cannabis Now

Considering how lengthy national cannabis prohibition and the subsequent societal brutality of the War On Drugs were, it’s quite daunting to consider that recreational cannabis has been legal in Colorado for nearly a decade. Since the 2012 bill Amendment 64 passed by an 11% margin, the Rocky Mountain State’s cannabis industry has grown to support the livelihoods of some 41,000 people at its highest point of job creation and sold $1.7 billion in total retail sales in 2022 and more… Read more.

Cannabis Lounges Are Redefining Hospitality, Cirrus Social Club Founder Says

June 30, 2023 · Benzinga

Cannabis lounges are gaining traction in the rapidly evolving cannabis industry, offering individuals a safe and responsible space to consume cannabis while enjoying a unique social experience. In an exclusive interview, Cirrus Social Club founder Arend Richard shares insights into the regulations, challenges, innovations, and societal impacts associated with cannabis lounges. Richard highlights the wide range of regulations governing cannabis lounges in different jurisdictions. Some areas allow "Marijuana Hospitality" with limited or no food and beverage service. Denver-based Cirrus Social Club, however, stands out by… Read more.

Is Aaron Rodgers the Face of Psychedelics in America?

June 29, 2023 · Cannabis.net

This week, a psychedelics conference in Denver attracted a diverse gathering of thousands, including podcasters, vendors, startups, and seekers. Javier Hasse of Benzinga was one of the attendees who immersed themselves in a captivating atmosphere, exploring a dimly lit hall adorned with kaleidoscope art. They listened to engaging talks by various speakers, from a former Republican governor to NFL star quarterback Aaron Rodgers. While the Benzinga Psychedelics Conference is the most known and respected psychedelics show in the industry, the MAPS show is a… Read more.

Denver psychedelics conference attracts thousands

June 24, 2023 · WLRN

Crowds are gathering in downtown Denver this week to learn about the future of psychedelics like magic mushrooms and MDMA. The five-day Psychedelic Science 2023 event, attracting medical professionals, politicians, celebrities and practitioners, covers a wide variety of subjects from the business of psychedelics to therapeutic uses for these substances. "We are facing very difficult challenges in mental and behavioral health and we're very excited about the opportunities that psychedelics offer to break cycles of addictions for opioids, to deal… Read more.

Colorado Governor Pushes For Mass Psychedelics Pardons At Event That Also Featured Pro-Reform Former GOP Texas Governor

June 23, 2023 · marijuanamoment.net

Colorado Gov. Jared Polis (D) is calling on lawmakers to take steps allowing him to issue mass pardons for people with prior psychedelics convictions as the state prepares to implement regulations for legal use of substances like psilocybin and ibogaine. At a the MAPS Psychedelic Science 2023 conference in Denver on Wednesday, the governor—as well as former Texas Gov. Rick Perry (R)—spoke about the therapeutic potential of entheogenic plants and fungi, advocating for legal access. Polis, who recently signed a psychedelics… Read more.

Colorado Cannabis Market Shows First Price Rise Since 2021, Ducking Deflation

June 22, 2023 · Green Market Report

Prices have been on a rapid slide since the summer of 2021, reaching record lows by the end of last year. After nearly a two-year stretch of deflation, marijuana prices in Colorado are showing the first signs of life since October 2021, according to the Colorado Department of Revenue. The retail price for a pound, which had plummeted from a peak of $1,731 in January 2021 to a historic low of $649 by April 2023, has risen to $703 in June 2023.… Read more.

Denver Psychedelic Conference Focuses on Regulatory Processes, Science

June 22, 2023 · Green Market Report

High costs and regulatory hurdles still need to be overcome by psychedelics industry. Business opportunities in the world of psilocybin, MDMA, and other mind-bending substances are still limited, but that doesn’t mean the industry is standing still, as demonstrated by the 12,000 attendees from all over the world at the Psychedelic Science 2023 conference in Denver this week. There were only cursory mentions Wednesday during the conference’s business panels of the burgeoning psilocybin trade that has cropped up in California,… Read more.

Legal Cannabis is More Expensive But Is Lab-Tested and Safe, NOT! – Colorado Sees Tons of Cheating on Weed Contaminant Testing

June 13, 2023 · Cannabis.net

According to the Colorado Marijuana Enforcement Division (MED), state investigators have uncovered numerous instances of marijuana product adulteration by businesses attempting to manipulate contaminant testing. Since the commencement of recreational marijuana sales in Colorado, contamination from mold or illegal pesticides has persisted as a significant issue. As reported by MJ BIZ, in 2021, the MED approved decontamination and remediation methods for failed marijuana batches; however, these approaches can be expensive and do not guarantee the successful salvage of the harvests. In a memo dated… Read more.

You Can Now Buy Weed Online in Colorado, A Trend for the Industry?

June 12, 2023 · Cannabis.net

Colorado Governor Jared Polis passed a ground-breaking law allowing the sale of marijuana products online. After a month of consideration, this landmark decision ushers in a new era for the state's cannabis business. By embracing e-commerce, Colorado joins other progressive states at the forefront of integrating online platforms into the cannabis industry. This progressive move not only enhances accessibility for consumers but also paves the way for innovative business opportunities within the industry. Colorado's leadership in embracing online marijuana sales sets a precedent… Read more.

Colorado Legalizes Online Cannabis Sales

June 9, 2023 ·

Colorado Gov. Jared Polis last week signed legislation to legalize online cannabis sales, ending the prohibition on internet shopping enacted following passage of the state’s landmark 2012 ballot measure that legalized adult-use cannabis. The measure, House Bill 1279, which was signed by the governor on June 1 after being passed by Colorado lawmakers last month, repeals a regulation that specifically prohibited online cannabis sales while establishing regulations for internet sales of licensed cannabis products. Under the law, adults 21 and… Read more.

Colorado Legalizes Online Cannabis Sales

June 8, 2023 · Cannabis Now

Democratic Governor Jared Polis has signed legislation to allow online cannabis sales, although consumers will be required to pick up their purchases at a licensed dispensary in person. Colorado Gov. Jared Polis last week signed legislation to legalize online cannabis sales, ending the prohibition on internet shopping enacted following passage of the state’s landmark 2012 ballot measure that legalized adult-use cannabis. The measure, House Bill 1279, which was signed by the governor on June 1 after being passed by Colorado… Read more.

Colorado Gov. Signs Bill Allowing Online Cannabis Sales

June 5, 2023 · Ganjapreneur

Colorado Gov. Jared Polis (D) last week signed a bill to allow online sale of cannabis products. The law requires customers to provide proof of age and that purchases are picked up in person at the retailer’s physical location.   The law’s intent is to limit some of the in-person cash transactions at retailers as federal law continues to limit cannabusinesses’ access to traditional financial services, including the use of credit cards, which often makes cannabis dispensaries targets for theft.   During debate on the proposal… Read more.

How to Engage with Gen Z in 2023

May 19, 2023 · MG Magazine

Abstract art lines background. Monochrome white stripes like letter Z.

The beginning of the legal cannabis industry was defined by excess, and in response, the market catered to the most obvious group that had never shied away from consumption: the Cheeches, Chongs, Snoop Doggs, and Seth Rogans of the world. In the decade since Colorado became the first U.S. state to legalize cannabis for adult use, we’ve moved away from free dispensary dabs and 500-milligram edibles to more refined products intended to fit seamlessly into the lives of everyday, mainstream Americans.… Read more.

Schwazze Buys Smokey’s Dispensaries for $7.5 Million

May 13, 2023 · Green Market Report

The deal enhances Schwazze's presence in northern Colorado. Denver-based Medicine Man Technologies Inc., which operates as Schwazze (OTCQX: SHWZ) (NEO: SHWZ), announced Thursday that it has finalized the acquisition of some assets from Cannabis Care Wellness Centers LLC and Green Medicals Wellness Center #5 LLC, commonly known as “Smokey’s.” The transaction, valued at $7.5 million and paid through a mix of cash and stock, includes two Smokey’s dispensaries located at 2515 7th Avenue in Garden City and 5740 S. College Avenue in… Read more.

Legalizing Shrooms – Which States are Moving Fast to Approve Psilocybin Laws?

May 11, 2023 · Cannabis.net

Following voters' narrow approval of a measure on the 2022 November ballot, Colorado became the second state in the U.S. to legalize the use of psychedelic drugs. This decision indicates the increasing acceptance and use of psychedelic substances nationwide. So far, a dozen counties and cities in the U.S. have decriminalized psilocybin or psilocin, two psychedelic compounds found in "magic mushrooms." As we covered at the Benzinga Psychedelics Show in Miami, what states are more being more progressive about LSD, mushrooms, and… Read more.

How Automation Can Future-Proof Manufacturing

May 11, 2023 · MG Magazine

In 2014, Colorado made history as the first state in the country to open recreational dispensaries for legal cannabis sales. No one really knew what to expect, but one thing was clear right away: The infant industry was growing fast. As consumers became more savvy and product lines became more diverse, entrepreneurial-minded individuals working in the space saw a wealth of opportunity. One sector that provided this opportunity hinged on growing interest in vape products. Two Colorado budtenders at a… Read more.

The $300,000,000 Club – Which 5 States Collected over $300 Million in Cannabis Tax Revenue Last Year Alone?

May 5, 2023 · Cannabis.net

A recent report from the Marijuana Policy Project revealed that tax revenue from adult-use cannabis experienced a decline across legal states in 2022, marking the first time this has occurred in the United States. While sales tax from cannabis still generated a respectable $3.77 billion, this figure was slightly lower than the $3.86 billion generated in 2021. Despite declining adult-use cannabis tax revenue in 2022, states reported over $15.1 billion in tax revenue from legal cannabis sales for adults. This figure reflects sales… Read more.

Colorado Marijuana Company Cancels New York Entrance, Cites ‘Painful Delays’

May 3, 2023 · Green Market Report

Terrapin signed a deal in 2021 to acquire property in Auburn. Colorado cannabis company Terrapin Care Station decided to reverse course on a previously announced production facility in the town of Auburn, New York, which a company spokesman said was due to delays in getting the broader market operational. Terrapin Care Station is a second-tier multistate operator, with a footprint in Michigan, Missouri, and Pennsylvania in addition to its home state of Colorado, according to the company website. Terrapin signed a real… Read more.

Lawmakers pass bill to implement legal ‘magic mushroom’ industry in Colorado

May 2, 2023 · The Gazette

An effort to roll out Colorado's legal psychedelics industry cleared its last major legislative hurdle on Saturday with the House's passage of Senate Bill 290.  If made law, the bill would help to implement Proposition 122, passed by Colorado voters in November. The ballot measure legalized the “magic mushroom” hallucinogenic compounds psilocybin and psilocin for medicinal use, and decriminalized the personal use, sharing or growing of the compounds and other "natural medicines."  The bill will next be sent back to the… Read more.

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

April 27, 2023 · MJ Biz Daily

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay a combination of cash, a four-year seller note and company common stock. The deal, subject to approval by state regulators, is expected to close in the second quarter… Read more.

Colorado Senate Bill Paves Way for Licensed Therapeutic Centers

April 27, 2023 · Green Market Report

Initially, only psilocybin and psilocyn would be allowed at therapeutic centers. The Colorado Senate approved a bill to regulate psychedelic substances, in line with a voter-endorsed initiative. The legislation aims to establish guidelines for legal psychedelic use in authorized therapeutic centers under trained professionals’ supervision. Additionally, the bill sets licensing standards for facilitators and businesses involved in producing, testing, storing, distributing, and transporting natural medicine products. The measure passed during a voice vote after amendments in its second reading on Monday. The bill passed… Read more.

Schwazze Snaps Up Everest Apothecary in New Mexico for $38 Million

April 25, 2023 · Green Market Report

Schwazze will now own 32 dispensaries between Everest Apothecary and R. Greenleaf. Denver-based Medicine Man Technologies Inc., which operates as Schwazze (OTCQX: SHWZ) (NEO: SHWZ), has signed definitive documents to acquire a batch of cannabis assets in New Mexico. The acquisition will allow Schwazze to manage Everest Apothecary, a non-profit corporation operating in the state. The proposed transaction includes 14 retail dispensaries, a cultivation facility, and a manufacturing plant. Upon completion of the acquisition, Schwazze will have a total of 32 dispensaries in New… Read more.

Health Check for Weed’s Ground Zero – Colorado Cannabis Sales Drop to 4-Year Low and Weed Workforce Slashed by 33%

April 23, 2023 · Cannabis.net

Checking Weed Ground Zero - Colorado Sales Drop to Lowest in 4 Years and Cannabis Workers Down by 33%" As the green rush swept across the United States, Colorado quickly established itself as the epicenter of the legal cannabis industry. The state's dispensaries and cultivation facilities boomed for years, bringing in millions of dollars in revenue and creating countless jobs. However, recent data reveals a sharp decline in sales and employment within the industry. With sales dropping to their lowest… Read more.

Report: Colorado Cannabis Sales on the Decline

April 21, 2023 · Ganjapreneur

Combined adult use and medical cannabis sales in Colorado were $124 million in February, a decline of 14.2% from the same month in 2022, according to state Department of Revenue data outlined by KDVR. In all, adult-use cannabis sales in Colorado have declined 12.7% year-over-year, while medical cannabis sales have fallen 23.7% year-over-year, according to state data. Cannabis sales tax collections in the state were down 19% last month compared to March 2023, according to the revenue department. The state also saw the loss… Read more.

Expand Your Mind at the Best Weed Museums in the U.S.

April 15, 2023 · Thrillist

THE FIRST THING YOU SEE upon entering the Core Social Justice Cannabis Museum in Boston’s Jamaica Plain neighborhood is a digital stained glass window stamped “Cannfessional.” Behind it is a small sound booth, wrapped in cloud-print wallpaper, with a glowing neon chair and a microphone dangling from the ceiling. Facing the chair on the wall is a TV with a camera mounted on top. This is where you reveal your truth. With the Cannfessional, the museum encourages participants to record themselves telling stories… Read more.

Best of Denver

April 7, 2023 · Westword

BEST OF DENVER®  CANNABIS & MORE  2023 BEST MEDICAL-ONLY DISPENSARY Higher Grade Dispensaries that serve only medical marijuana patients are disappearing faster than a pinner, with just a handful left in Denver as recreational businesses take over Colorado. Patients across town can still rely on Higher Grade, though, thanks to the company's medical-only dispensaries in Cherry Hills and Highland. Higher Grade's in-house flower is some of the very best in Denver. In fact, we've yet to smoke better versions of… Read more.

Cannabis Brand News: Rick Ross, Ben Cohen, Cookies, Cheech’s Stash and Monogram

March 27, 2023 · CelebStoner

Both noted for their cannabis advocacy, rapper Rick Ross and entrepreneur Ben Cohen have announced new cannabis ventures and brands. Rick Ross Rick Ross is teaming up with High Tolerance Los Angeles on the launch of the Collins Ave strain, named for the popular strip in Miami Beach. Raised in Florida, Ross' debut album in 2006 was titled Port of Miami. "High Tolerance is the best flower for all the ones who like to blow that good gas," he tells TMZ. "This is… Read more.

After Flying Helicopters for the Army, Jane Co-Founder Found Purpose in Cannabis

March 24, 2023 · Westword

Cannabis tech talk rarely excites the masses, but online dispensary menu and ordering services definitely make our lives easier. Not only that, but some of the cannabis tech companies offering these services have pretty badass backstories. Six years before Socrates Rosenfeld was driving around Denver selling dispensaries on his new online ordering platform, Jane, he was flying Apache helicopters in Iraq for the United States Army. A graduate of West Point, Rosenfeld served seven years in the Army before leaving the military… Read more.

Historic Denver Hotel Launches Equity Crowdfunding Campaign To Fund Cannabis Consumption Lounge

March 13, 2023 · Yahoo!Finance

Colorado has been a destination for cannabis tourists since the first sale of recreational marijuana in 2014. But at the time, state laws prohibited consuming cannabis in public places, so those tourists technically didn’t have a place to enjoy their purchases. But with the advent of consumption lounges last spring, visitors to the state now can puff in peace, and one hotelier wants to make it easy to consume cannabis on his property. Chris Chiari, CEO and founder of The… Read more.

Cherry Launches New Pre-Roll Line, Only Kameleons

March 4, 2023 · Westword

Smoking a pre-roll usually involves trading a certain amount of quality for convenience, but Cherry believes that you'll keep Kameleons around after giving them a try. One of Colorado's most popular flower brands recently introduced Only Kameleons, a line of pre-rolled joints made from the same strains grown by the Cherry cultivation. Known for staying on the cutting edge of new cannabis genetics, Cherry wanted a new pre-roll line that spoke to its passion for rare strains, according to sales account manager Zack Venokur. A… Read more.

Lawmakers Across The Country File More Psychedelics Reform, Drug Decriminalization And Safe Consumption Site Bills

February 25, 2023 · marijuanamoment.net

The first two months of 2023 have shown expansive interest in bold drug policy reform in state legislatures across the country—most recently, with the introduction of numerous new bills touching on everything from psychedelics legalization to authorizing safe drug consumption sites. Lawmakers in several states will conduct hearings on such reform proposals over the next week. The marijuana legalization movement continues to spread and evolve, but it’s become quickly apparent this session that legislators are eager to more holistically move… Read more.

The Cannabis Experience becomes nation’s first marijuana-licensed consumption bus

February 24, 2023 · CBS News

The Cannabis Experience in Denver has become Colorado's -- and the nation's -- first marijuana-licensed consumption bus.  As the cannabis industry continues its blazing trail, local marijuana users can enjoy safe, legal cannabis tours, airport transportation and private cannabis-friendly party buses. The Cannabis Experience will offer transportation services to Denver International Airport along with private party bus rentals with food and art themes such as "Toking and Tacos,"  and "RiNo Mural Tours." The service also provides tours of the city… Read more.