Business
Colorado marijuana sales hit $2.2 billion in highest-selling year yet
Despite a global pandemic that disrupted many facets of commerce, Colorado’s marijuana industry experienced its most lucrative year on record with $2.2 billion in sales in 2020.
Cannabis industry may finally move past cash as Democrats look to loosen banking restrictions
Colorado’s cannabis industry has been forced to deal primarily in cash for years due to banking restrictions that pot advocates and banking lobbyists say put shops, growers and others at risk of theft. The industry is now cautiously optimistic this year that, with Democrats in power in Washington, its eight years of trying to lift […]
Majoring in marijuana? That soon could be common as universities adapt to a growth industry.
Want practical experience growing marijuana, but have no idea how to get a plant? Or just not comfortable growing cannabis at home? Try stinging nettle, which is a plant that’s distantly related to cannabis and has similar growth patterns. That’s just one of many workarounds Dana Milstein had to learn as she developed curriculum for […]
Plaintiffs drop suit over marijuana delivery rules
Stung by an exodus of members since it filed suit to block new cannabis industry rules permitting home delivery, the business group that represents most of the state’s brick-and-mortar marijuana shops announced Monday morning that it is dropping the legal challenge. The Commonwealth Dispensary Association and its attorneys from Foley Hoag had argued in the […]
November marijuana sales push Colorado’s industry to $2 billion annually for the first time
Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time.
Marijuana delivery, social equity reform and other Colorado cannabis trends to watch in 2021
Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it.
2020 is already the highest-selling year for weed in Colorado
Colorado dispensaries sold more marijuana in the first 10 months of 2020 than they did during a record-setting sales year in 2019. October sales totaled more than $199.7 million in October, pushing the state’s annual revenue to more than $1.8 billion, according to the Department of Revenue. By comparison, sales totaled about $1.75 billion in […]
Aurora says yes to recreational pot delivery in Colorado’s third-largest city
The Aurora City Council on Monday night gave preliminary approval, by an 8-2 vote, to cannabis delivery in Colorado’s third-largest city.
Marijuana delivery and cannabis “bars” gain traction in Denver
Next year, Denverites may be able to have marijuana delivered to their homes if the city council adopts a new proposal to regulate delivery services. On Monday, the Division of Excise and Licenses unveiled drafts of three bills intended to overhaul the local industry and enable more people of color to cash in on a […]
Ticker: Biden has no immediate plans to lift china tariffs; San Francisco bans smoking inside apartments, pot smoking OK
President-elect Joe Biden says he won’t immediately lift tariffs placed by President Trump on many imports from China or break Trump’s initial trade deal. Biden says he wants to maximize his leverage in future talks with the United States’ geopolitical rival. Speaking to The New York Times columnist Thomas Friedman, Biden said, “I’m not going […]